The Bitcoin strategy updated in the afternoon saw a wave of false breaks after 8 PM, with the market perfectly reaching our entry point for a low long position at 102300, successfully capturing a profit of over 2000. Congratulations to those who followed along.
Currently, after the update of the 4-hour Bitcoin chart in the early morning, Bitcoin has once again stabilized above the middle band of the BOLL and the MA30 moving average. In terms of indicators, MACD and KDJ have formed a golden cross and are resonating upward. Combined with the hourly chart, the current short-term trend leans towards a slight upward resonance. In the early morning, it is crucial to pay attention to the short-term support around 103500. As long as the price does not effectively break below this level on a pullback, Bitcoin will likely continue its rebound trend in the latter half of the night and into the morning, with resistance levels to watch at 105800-107200. Therefore, my personal view for the early morning is to maintain a short-term trading strategy of buying low and selling high.
Trading strategy: Range 105700-106400, Target: 104000-103500, Stop loss: 106800
Consider trying to buy low in the range of 103500-103000.
Ethereum's overall trend is currently in sync with Bitcoin, with resistance levels to watch at 2550-2580. If it cannot effectively break through any resistance levels above in the early morning, Ethereum will still have a desire to pull back, especially since the daily trend is somewhat weak.
Trading strategy: Range 2545-2575, Target: 2470-2420, Stop loss: 2595
This is expected to be sufficient for the short-term trend, and I will continue to follow up later.
Personal views are for reference only. There may be delays in article review and push notifications, and the market changes rapidly. Specific entry and exit points should be based on real-time guidance. Please be cautious when entering the market. Analysis is not easy, and I welcome everyone to like and follow the public account for surprises!
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