3.7 Friday Afternoon Bitcoin and Ethereum Trading Strategy

The road to success is not crowded because there are not many who can persist until the end. When you want to give up, please tell yourself to hold on a little longer, as often it is this little persistence that brings you one step closer to your dreams.

From a four-hour perspective, looking at the BOLL indicator, the current price is below the middle track, which clearly indicates that the market is showing a weak pattern in the short term. At the same time, the range formed by the upper and lower tracks provides a clear boundary for price fluctuations.

Further examining the KDJ indicator, we find that the K value is below the D value, accompanied by the appearance of an oversold signal, which usually means that the market may have experienced excessive selling in the short term, with bearish pressure in control. However, it is worth noting that the oversold signal may also indicate that the market is about to welcome a reversal, so we need to remain vigilant when adopting a high short strategy to avoid missing potential rebound opportunities.

In terms of the MACD indicator, the histogram is located below the zero axis, further confirming that the market is in a bearish trend. However, the gradual shortening of the green histogram suggests that the bearish pressure may be weakening, which is also an important signal that the market is about to reverse, so this afternoon we adopt a high short and low long strategy.

Trading Suggestions

Short near 88500, target 86500

Break 85500, if it does not break for a long time, go long.