Wednesday Morning Thoughts: Bitcoin and Ethereum Latest Market Analysis
Looking back at yesterday evening's bullish outlook, it perfectly materialized. Although the actual trading last night touched a low near the 104100 line, the pullback exceeded our expectations, but every drop is a good opportunity to increase your position. Lao Tian always believes there will be good market conditions; trading is like that, it’s impossible to be correct all the time. Just strictly execute your trading plan and manage your position reasonably. Lao Tian always emphasizes buying low and selling high. Last night, the actual trading reached a maximum near the 107200 line. Friends who followed the strategy should have reaped considerable rewards. For those who haven't profited yet, it's always good to pay attention to Lao Tian's real-time strategy updates every day. Currently, the actual trading is oscillating near the 106400 line, and we still maintain a pullback to buy strategy this morning.
From the current technical analysis of the market, on the four-hour level, the market is continuously oscillating above the middle track of the Bollinger Bands. Although the bears have caused a price pullback, they have never effectively broken through the key support. The area of the middle track of the Bollinger Bands has formed a solid defense line, successfully resisting the bears' downward attack and restricting the further downward space of the price.
Morning Trading Suggestions
Bitcoin: Range 105500-106000, Target 107500.
Ethereum: Range 2450-2480, Target 2550.
#比特币 #比特币走势分析
Looking back at yesterday evening's bullish outlook, it perfectly materialized. Although the actual trading last night touched a low near the 104100 line, the pullback exceeded our expectations, but every drop is a good opportunity to increase your position. Lao Tian always believes there will be good market conditions; trading is like that, it’s impossible to be correct all the time. Just strictly execute your trading plan and manage your position reasonably. Lao Tian always emphasizes buying low and selling high. Last night, the actual trading reached a maximum near the 107200 line. Friends who followed the strategy should have reaped considerable rewards. For those who haven't profited yet, it's always good to pay attention to Lao Tian's real-time strategy updates every day. Currently, the actual trading is oscillating near the 106400 line, and we still maintain a pullback to buy strategy this morning.
From the current technical analysis of the market, on the four-hour level, the market is continuously oscillating above the middle track of the Bollinger Bands. Although the bears have caused a price pullback, they have never effectively broken through the key support. The area of the middle track of the Bollinger Bands has formed a solid defense line, successfully resisting the bears' downward attack and restricting the further downward space of the price.
Morning Trading Suggestions
Bitcoin: Range 105500-106000, Target 107500.
Ethereum: Range 2450-2480, Target 2550.
#比特币 #比特币走势分析
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
2,665.19
+3.75%