On the early morning of the 28th, we predicted a high-level fluctuation for Bitcoin, and with strong selling pressure above 110000, the high-level layout also brought in a good profit margin.
After today's daily update, the price is running below the MA5 10-day moving average, and the MACD and KDJ indicators tend to resonate and pull back. However, the MA30-day moving average and the middle line of the BOLL band maintain an upward trend, indicating strong support below. Looking at the 12-hour chart, the current price is slightly declining based on the MA30-day moving average, and the price is suppressed by the MA5 10-day moving average, resulting in a lack of momentum for the current Bitcoin rise.
Currently, Bitcoin is running near the lower Bollinger Band on the 4-hour chart, and the MA5 10-day moving average is pressing down on the price. The indicators suggest that the current market trends towards a downward oscillation. The high point reference for Bitcoin is between 108500-110000, and the low point support reference is around 106000. Therefore, my personal view for the day is to first go long at high levels and then short at low levels, which is relatively prudent.
Trading strategy: 108300-109000 short Target: 107000-106000 is sufficient Stop loss: 109500.
Low bullish point: 106500-107000 range Target: 108000-109000 is sufficient.
Ethereum is currently showing an overall trend diverging from Bitcoin. After an upward spike today, the overall trend is currently slightly leaning towards a small oscillation upward, so I personally maintain a low bullish outlook in the short term.
Trading strategy: 2690-2650 bullish Target: 2750-2780 is sufficient Stop loss at 2630.
For the short-term trend, it is expected to be sufficient, and further follow-up will continue later.#币安Alpha上新 #美国加征关税 #