4.30 Morning Bitcoin and Ethereum market analysis and strategy establishment
The overall volatility of Bitcoin and Ethereum this weekend was not too large. During the small period, the Bollinger Bands began to shrink, and the moving average indicators became passivated. In the short term, the long-short differentiation is not obvious. In the morning, short-term prices continue to be treated as shocks. Lao Zhang believes that it is enough to continue to participate in high altitude, low and long positions around the range. Specific points within the day can be found around:
Bitcoin is bullish near 29,000, and the target is 29,300 with 29,500
Ethereum is bullish around 1885, and the target is around 1910-1925.