Saturday Afternoon Thoughts: Latest Market Analysis of Bitcoin and Ethereum
Looking back at last night, Old Tian mentioned that the market volatility was quite strong, with opportunities for both long and short positions. It is recommended to adopt a high sell and low buy approach. In our live trading, we also seized the opportunity to enter a short position and gained 591 points. Subsequently, based on live analysis, we decisively reversed to a long position and gained another 695 points. The evening strategy of alternating between long and short positions successfully netted 1286 points before exiting. Today, we will continue with the high sell and low buy strategy within the range.
The MACD indicator shows a bearish arrangement, with short-term momentum relatively weak. The RSI indicator is in a neutral zone, with no obvious overbought signals. From the hourly chart pattern, the price touched the high point around 104500 before a noticeable pullback. Currently, the live trading is in a range-bound pattern, with the upper resistance level around 104500-14800 and the lower support level around 102500. The current market is in a consolidation phase; it is advisable to control positions and set stop losses strictly.
Trading Suggestions:
Based on the current technical analysis and market sentiment, we continue to maintain a high sell and low buy approach, operating flexibly within the range.
Range: 102500-105000
#比特币 #比特币走势分析
Looking back at last night, Old Tian mentioned that the market volatility was quite strong, with opportunities for both long and short positions. It is recommended to adopt a high sell and low buy approach. In our live trading, we also seized the opportunity to enter a short position and gained 591 points. Subsequently, based on live analysis, we decisively reversed to a long position and gained another 695 points. The evening strategy of alternating between long and short positions successfully netted 1286 points before exiting. Today, we will continue with the high sell and low buy strategy within the range.
The MACD indicator shows a bearish arrangement, with short-term momentum relatively weak. The RSI indicator is in a neutral zone, with no obvious overbought signals. From the hourly chart pattern, the price touched the high point around 104500 before a noticeable pullback. Currently, the live trading is in a range-bound pattern, with the upper resistance level around 104500-14800 and the lower support level around 102500. The current market is in a consolidation phase; it is advisable to control positions and set stop losses strictly.
Trading Suggestions:
Based on the current technical analysis and market sentiment, we continue to maintain a high sell and low buy approach, operating flexibly within the range.
Range: 102500-105000
#比特币 #比特币走势分析
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BTC
105,820
+2.61%
ETH
2,570.21
+4.03%