2.18 Tuesday night Bitcoin and Ethereum operation analysis
In the ocean of the stock market, everyone is a sailor. Facing the turbulent waves, we may be confused or tired, but please remember that every trough is to prepare for the next climax.
Today, both Bitcoin and Ethereum showed a trend of shock consolidation. After hitting the low point of 95,000, the price of Bitcoin quickly rebounded to the high point of 95,849, showing that the market has strong support near this price. At the same time, Ethereum also fell to the low point of 2651 in the afternoon, but then rose to the high point of 2705, also entering the shock consolidation stage.
From the four-hour level, the bottoming pattern of the big cake has been initially formed and successfully bottomed out near 95,000. At present, the price is undergoing a correction to accumulate momentum for the next bull market.
At the one-hour level, the market of the big cake has run to the middle track of the Bollinger Bands, and the price fluctuates around a relatively narrow range. After the previous downward bottoming, the bullish force is gradually accumulating. It is expected that before a significant reverse decline signal appears, the market in the short cycle will show a warming and upward trend.
Operation suggestions
Bitcoin 95800-96200 long target 98000 defense 95200
Ether near 2700 long target 2750#BNBChainMeme热潮 #加密货币普及 #阿根廷总统MEME币争议 #BTC☀️ #BTC走势分析