BTC, ETH Market Analysis
Last night, the market broke through multiple resistance levels, with Ethereum surging to new highs. For Ethereum, the bullish trend is not over yet; the momentum is too strong. Bitcoin is still hovering around the middle band of the Bollinger Bands in the short term, showing weakness upward, and overall, Bitcoin remains bearish. The KDJ indicator is gradually approaching the zero axis, and it is very likely to continue downward. Ethereum's recent surge came suddenly; since it has broken new highs, there may be a short-term pullback, but the daily chart still indicates a bullish outlook. From a technical perspective, the daily candlestick is operating at the middle band and nearing the upper band, with the MACD indicator repeatedly showing golden crosses, indicating a strong upward turn. It is really not advisable to be bearish on Ethereum.
Strategy
BTC Short around 117000, target down to around 114000
ETH Long around 4700, target up to around 4900
Mindset determines the path, goals determine direction, details determine success or failure, action creates the future, and choices are worth more than a hundred times the effort! The teacher's strategy is publicly available online, with clear thinking and precise points; welcome to communicate and consult.
Last night, the market broke through multiple resistance levels, with Ethereum surging to new highs. For Ethereum, the bullish trend is not over yet; the momentum is too strong. Bitcoin is still hovering around the middle band of the Bollinger Bands in the short term, showing weakness upward, and overall, Bitcoin remains bearish. The KDJ indicator is gradually approaching the zero axis, and it is very likely to continue downward. Ethereum's recent surge came suddenly; since it has broken new highs, there may be a short-term pullback, but the daily chart still indicates a bullish outlook. From a technical perspective, the daily candlestick is operating at the middle band and nearing the upper band, with the MACD indicator repeatedly showing golden crosses, indicating a strong upward turn. It is really not advisable to be bearish on Ethereum.
Strategy
BTC Short around 117000, target down to around 114000
ETH Long around 4700, target up to around 4900
Mindset determines the path, goals determine direction, details determine success or failure, action creates the future, and choices are worth more than a hundred times the effort! The teacher's strategy is publicly available online, with clear thinking and precise points; welcome to communicate and consult.