$BTC $ETH What to do with BTC and ETH now? Just get to the point!
BTC is still hovering around 106000, and the 4-hour chart shows a fluctuating upward trend, but don't get too excited! RSI and KDJ are both flashing red signals; the short-term rise has been too sharp, so be cautious of a pullback. It could either break through the previous high of 108953 and take off or go sideways or even decline.
In terms of operations, consider long positions only below 103000; chasing high prices now is just asking for trouble! Did you see the doji? That's a warning signal! For short positions, wait until above 107500 to enter, set a stop loss at 109000, and take profit in three stages; for long positions, if it drops below 102500, pull out, don't hold on stubbornly!
ETH is currently around 2454, just rebounded from a low of 2110 yesterday, but don’t chase high prices recklessly! The candlestick has formed a doji, the TD indicator is flashing a '9' alert, and the KDJ three lines are at high levels, with the J line turning downwards, indicating a clear pullback is imminent. The Bollinger Bands have reached the upper band, and RSI is overbought and smoking; although market sentiment is high, it could cool off at any time.
In terms of operations, go short above 2480, set a stop loss at 2570, and take profit in three stages; for long positions, wait until below 2320 to enter, and if it drops below 2310, pull out!
Still not sure how to operate in this market? Follow me, I'll give you the strategy, but the execution depends on you!
