Friday Morning Thoughts: Latest Analysis of Bitcoin and Ethereum
Looking back at yesterday, Old Tian mentioned the strategy of buying on dips, which perfectly met expectations. The market has almost completed its movement, and the layout is basically finished; in two words: take off! The market has generally been oscillating within a range. Whether it's buying on a pullback or selling on a rebound, we can accurately manage it! The strategy has been publicly laid out, and since yesterday, the approach has been to buy on rebounds and sell on pullbacks, managing the highs and lows of the range. All our live trading friends are basically eating well again! If the market is hard to grasp, find Old Tian to help you manage it well. We will continue to maintain the strategy of buying on dips this morning.
Bitcoin's daily chart shows a rebound after hitting a bottom, and it is currently in a stair-step upward structure with three consecutive bullish candles. Although there was a slight pullback after reaching a new high, the pullback was minimal, and the bullish trend remains unchanged. Ethereum has also strongly reclaimed the 2600 level and is currently fluctuating below the 2700 level, undergoing a corrective consolidation. From Ethereum's daily chart, it is more intuitive; every time it hits a bottom, it quickly bounces back, and each pullback has not broken the previous low. The lows are also continually rising, indicating strong support below. The market is building momentum through continuous oscillation, which will result in a robust daily candle stick after today's close, constructing a middle bullish K-line. Bitcoin's 4-hour chart is currently undergoing a corrective consolidation at a high position, aligning with the stair-step upward pattern. Today, we will surely see a new high again, and each pullback is an opportunity for us to buy.
Morning Trading Suggestions:
Bitcoin: Buy in the range of 110000-110500, target 112000.
Ethereum: Buy in the range of 2600-2630, target 2700.
#比特币 #比特币走势分析
Looking back at yesterday, Old Tian mentioned the strategy of buying on dips, which perfectly met expectations. The market has almost completed its movement, and the layout is basically finished; in two words: take off! The market has generally been oscillating within a range. Whether it's buying on a pullback or selling on a rebound, we can accurately manage it! The strategy has been publicly laid out, and since yesterday, the approach has been to buy on rebounds and sell on pullbacks, managing the highs and lows of the range. All our live trading friends are basically eating well again! If the market is hard to grasp, find Old Tian to help you manage it well. We will continue to maintain the strategy of buying on dips this morning.
Bitcoin's daily chart shows a rebound after hitting a bottom, and it is currently in a stair-step upward structure with three consecutive bullish candles. Although there was a slight pullback after reaching a new high, the pullback was minimal, and the bullish trend remains unchanged. Ethereum has also strongly reclaimed the 2600 level and is currently fluctuating below the 2700 level, undergoing a corrective consolidation. From Ethereum's daily chart, it is more intuitive; every time it hits a bottom, it quickly bounces back, and each pullback has not broken the previous low. The lows are also continually rising, indicating strong support below. The market is building momentum through continuous oscillation, which will result in a robust daily candle stick after today's close, constructing a middle bullish K-line. Bitcoin's 4-hour chart is currently undergoing a corrective consolidation at a high position, aligning with the stair-step upward pattern. Today, we will surely see a new high again, and each pullback is an opportunity for us to buy.
Morning Trading Suggestions:
Bitcoin: Buy in the range of 110000-110500, target 112000.
Ethereum: Buy in the range of 2600-2630, target 2700.
#比特币 #比特币走势分析
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BTC
111,203.11
+0.51%
ETH
2,682.17
-0.09%