Morning strategy for 2.24, a new week begins, when will the fluctuations break.
The weekend market won't be elaborated on too much, it remains as calm as ever, not providing many opportunities to enter. The market has been fluctuating for more than half a month now, and many people's enthusiasm during the Spring Festival is slowly fading, returning to their own social circles. This is also very good. Here’s a reminder once again, do not touch altcoins, do not touch altcoins. There are so many stablecoins, why prefer the feeling of altcoins soaring? Treating investment as gambling is truly not advisable. Trading in the cryptocurrency circle does not rush for immediate gains; it requires stable and long-term development, step by step.
Continuing to look at the short term, on the hourly level, the price is below the upper band, the Bollinger Bands are running sideways, MACD bullish momentum is decreasing, there is still room for upward movement in the short term, and the RSI trading volume continues to rise after slipping into the overbought area. Our short-term strategy revolves around buying on the pullbacks.
Regarding Ethereum, the price is near the upper band, the overall Bollinger Bands are contracting inward, MACD bearish momentum continues to increase, there is still room from the last time, and the KDJ has crossed downwards. Pay attention to whether it extends, the strategy is the same as Bitcoin, buy on the pullbacks.
Actions:
Bitcoin is around 952-958, targeting upwards at 968-974.
Ethereum is around 275-279, targeting upwards at 285-289.
The weekend market won't be elaborated on too much, it remains as calm as ever, not providing many opportunities to enter. The market has been fluctuating for more than half a month now, and many people's enthusiasm during the Spring Festival is slowly fading, returning to their own social circles. This is also very good. Here’s a reminder once again, do not touch altcoins, do not touch altcoins. There are so many stablecoins, why prefer the feeling of altcoins soaring? Treating investment as gambling is truly not advisable. Trading in the cryptocurrency circle does not rush for immediate gains; it requires stable and long-term development, step by step.
Continuing to look at the short term, on the hourly level, the price is below the upper band, the Bollinger Bands are running sideways, MACD bullish momentum is decreasing, there is still room for upward movement in the short term, and the RSI trading volume continues to rise after slipping into the overbought area. Our short-term strategy revolves around buying on the pullbacks.
Regarding Ethereum, the price is near the upper band, the overall Bollinger Bands are contracting inward, MACD bearish momentum continues to increase, there is still room from the last time, and the KDJ has crossed downwards. Pay attention to whether it extends, the strategy is the same as Bitcoin, buy on the pullbacks.
Actions:
Bitcoin is around 952-958, targeting upwards at 968-974.
Ethereum is around 275-279, targeting upwards at 285-289.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
103,684.63
+0.45%
ETH
2,359.47
+4.59%
SOL
171.51
+4.48%