The 4-hour chart of Bitcoin shows that the market is currently in a tentative rebound phase, but the rebound momentum is weak and has not effectively broken through the middle band of the Bollinger Bands.
Combining the MACD and Bollinger Bands indicators, the current rebound has not yet formed a trend reversal signal, and there remains the possibility of continuing the downward trend. However, for afternoon operations, there is still room to capitalize on the rebound rhythm in the short term, with certain upward space available for capture.
Operational Suggestions
Bitcoin: Buy around 113500, target 116000
Ethereum: Buy around 3470, target 3670#美国加征关税 $BTC
The daily chart shows that there have been three consecutive days of bearish closes. In the 4-hour cycle, the current candlestick is in a low-level consolidation state, and the previous candlesticks have long upper shadows and small bodies, indicating that both bulls and bears are fiercely contesting at this level.
In the 4-hour level, both DIF and DEA are below the zero axis, and no obvious turning points have been observed, indicating signs of weakening bearish strength.
Today, taking friends to achieve three consecutive victories in the intraday, proving strength and ability, being able to continue to profit is the true way.
Short at 3670, exited at 3619, gained 41 points of space.
Successful people always choose to leverage their efforts #美国初请失业金人数 $ETH
The morning market fell to a low of 114200 and stabilized, then rebounded to 116000, currently oscillating around 115000.
From a technical perspective, the daily K-line shows a bearish incremental state, closing with a bullish candle with a lower shadow; the four-hour level is also in a bearish increment, leaving a bullish candle with a shadow; the hourly level shows a decrease in bearish volume, presenting an oscillating upward trend. Overall, there still exists upper pressure in the short term, maintaining an oscillating pattern.
Operation Suggestions
Bitcoin: Buy around 114800, target 116000
Ethereum: Buy around 3640, target 3730#美国加征关税 $BTC
The recent performance of Ethereum has been strong, with smooth movements during downturns and even more explosive during uptrends.
In the short term, both bulls and bears have trading opportunities; however, for swing and long-term positions, attention should still be paid to the key level above 4000.#以太坊十周年 #美联储利率决议 $ETH
Even if the news has a strong impact, the resilience of the big pie is far beyond expectations.
If there are profits from short positions, it's important to take profits and exit in a timely manner. In the current version, a low long strategy is a more prudent choice. I will continue to pay attention, hoping it can stabilize at 12 and then attempt to surge towards 13. #美联储利率决议 $BTC
Four-hour Level: Although the bearish strength is weakening, the overall trend remains a slow downward movement, indicating that the long-term bearish trend has not completely reversed yet. Currently, it may be in a phase of diminishing bearish strength, leaning overall towards weakness.
Bullish strength continues to strengthen with clear signs of upward breakout, indicating that bullish momentum is accumulating in the short term, and there may be attempts for a stage rebound or local reversal.
In the early hours, the cryptocurrency price once again dipped, hitting a low of 116900 before rebounding. Overall, it has maintained a range of 117000-118000, with a narrowing volatility. From the chart, there is significant support at 117000 below, which has been tested multiple times without effectively breaking.
On the four-hour level, two bearish candles touched the lower track, followed by a bullish rebound. Currently, both bulls and bears are in a stalemate, with momentum continuously oscillating. However, the weekly chart shows that Bitcoin is still in an upward channel, and the long-term bullish trend has not changed, with moving averages remaining in a bullish arrangement. Therefore, the overall market pattern still leans towards bullish.
Trading Advice
Bitcoin: Buy around 117000, target 119000
Ethereum: Buy around 3770, target 3880#以太坊十周年 $ETH
On the 4-hour level, Bitcoin has seen three consecutive bullish candles opening up upward space, with bullish momentum being released and signs of a breakout at the upper trajectory; Ethereum has broken the 38 level and is approaching the 39 range, showing strong consolidation.
Bitcoin is oscillating upward, with limited pullback strength, gathering energy for a surge; Ethereum is maintaining a good upward trend, with the pullback being a normal correction, primarily driven by bulls, continuing to pull back for long positions.
The trend has once again pulled back upwards. Follow the trend to chase long positions. The trading strategy has been validated, and market trend predictions are made again!
Long Bitcoin at 118100, exit at 118800, securing a 700-point profit.
Long Ethereum at 3805, exit at 3850, securing a 45-point profit. #ETH重返3800 $BTC
Yesterday's market fluctuated upward in the morning, with Bitcoin reaching a high of 119812. The bullish strategy in the morning was validated, entering Bitcoin long at 119000, gaining 812 points, and Ethereum long at 3850, gaining 50 points.
Today, Bitcoin explored highs and then retreated, with the previous day's gains being given back. The continuous downward trend broke the middle Bollinger Band, indicating that the bears are releasing pressure but the support below is restraining further decline. The market is stuck in a range between bulls and bears, with Ethereum moving in sync. After a retracement during the day, initial signs of overselling are appearing, and bearish energy is nearing its end. The recommendation in the early morning is to buy on the pullback.