After the previous short-term bottoming out, the market rose again yesterday. This time, the bulls exerted their strength and also gave a new height. Then it consolidated again. The current price of Bitcoin is 37,800 and Ethereum is 2,030.
Back to today's market, the daily line, after a long period of sideways trading, the Bollinger Bands have shown signs of opening upwards again. In the 4-hour chart, after a wave of bullish surges, the market has once again adjusted and consolidated. The intraday market still has room for upward breakthroughs. In the 1-hour chart, the K-line runs above the lower track, the KDJ three lines show signs of turning upward, and the MACD short-selling momentum is insufficient. Comprehensively considering the future market, it is safer to take more at the bottom!
BTC: 37300-37600, long, target 38000-38300, risk control: 36950
ETH: 2000-2025, long, target 2055-2090, risk control: 1970
When placing orders, control your positions properly and do not operate with heavy or full positions. Investment and financial management is not a matter of one day or one night. Losses in the early stage do not mean losses in the later stage, and profits in the early stage do not mean profits in the later stage. Therefore, friends who lose money should not be discouraged, and friends who make profits should not be complacent. Let yourself invest rationally with a calm mind. Teacher Xu will give accurate analysis and reasonable suggestions to help friends in difficult situations solve problems and friends in good times achieve better results. I hope that my share eth9281 will be like a lighthouse, guiding you in the vast cryptocurrency market. #etf #wormhole #WhaleAlert $BTC $ETH
