Coin Market Lingyun 2.13 Bitcoin/Ethereum short position successfully took profit, ready to enter long position after a pullback
The 4-hour chart moving average indicators for Bitcoin/Ethereum are chaotic and diverging, it will take some time to establish a one-sided trend. The MACD bearish volume is shrinking, showing signs of stabilization at the short-term bottom. After midnight, it is recommended to focus on long positions during the pullback in the short term.
For Bitcoin, it is recommended to buy near the market price of 95000, with a short-term target of 96500.
For Ethereum, it is recommended to buy near the market price of 2580, with a short-term target of 2640.
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