1.17 Bitcoin and Ethereum Market Trend Analysis and Trading Suggestions!

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允彦
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12 hours ago

Trading Philosophy: Look for trends in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily chart shows a bearish candle with a lower shadow near the upper Bollinger Band, which continues to open slightly upwards. The MACD moving average continues to rise, bullish volume continues to increase, and the KDJ line is moving upwards. On the 4-hour chart, the Bollinger Band continues to open upwards, and the price remains above the middle band. The MACD moving average continues to rise, bullish volume starts to decrease, and the KDJ line begins to move upwards;

For Ethereum, the daily chart shows a bearish candle below the middle Bollinger Band, which has started to flatten. The MACD moving average continues to run flat, bullish volume begins to show, and the KDJ line starts to move upwards. On the 4-hour chart, the Bollinger Band continues to open upwards, the MACD moving average starts to turn downwards, bullish volume begins to decrease, and the KDJ line starts to move downwards;

In summary, the overall market trend is still in the peak exploration stage, with the current position near a resistance level. In the short term, it is recommended to aggressively try short positions, while conservative traders should wait for a pullback to support for long positions!

Operation Suggestions: Aggressively short, conservatively long on pullbacks!

Short Bitcoin in the 102500-103000 range, target 101000-100000, stop loss at 104000;

Short Ethereum in the 3450-3480 range, target 3380-3300, stop loss at 3520;

The strategy is time-sensitive, please refer to private real-time guidance for specifics!

You can scan the QR code below to follow our WeChat public account for more real-time market updates!

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