After two days of consolidation and shock over the weekend, Bitcoin has not changed much in form and has been in a weak consolidation state. Bitcoin reached a low of 28980 over the weekend and a high of 29209, but did not continue to rise but fell back quickly. The current price is fluctuating around 29160. We gave long orders around 29000-28900 for Bitcoin and 1820-1810 for Ethereum over the weekend. Just continue to hold and look up to the target.
From the four-hour technical analysis, the Bollinger Bands are running at a slightly narrowing opening, the K-line is running near the upper rail, the MACD double lines are crossing upward, and the bullish energy column continues to run in large volume. In the one-hour level line, the Bollinger Bands are opening upward, the K-line is running above the upper rail, the MACD double lines are crossing upward, and the bullish energy column is running in an orderly and large-scale manner. The intraday operation idea is to mainly pull back low and long, supplemented by high and short!
Intraday operation suggestions:
BTC: long around 29000-28900 on the weekend, continue to hold and look at the target of 29400. ETH: long around 1820-1810, continue to hold and look at the target of 1870. #BTC #ETH $BTC $ETH
