Thursday evening Bitcoin Ethereum latest market analysis and trading suggestions



Currently, the 4-hour chart shows a significant oscillating trend. Since reaching a high, neither the bulls nor the bears have seen much continuation. After a previous drop that dipped to 100600, there was a rebound. Once it moved up to the 10500 area, it faced pressure again. It is now back at the support area of the 4-hour lower track, leading to a rebound action.
In the 1-hour chart, we observe the short-term trend, with the price similarly running along the lower Bollinger Band. Although it is still hovering near the lower band overall, the lows are gradually rising, forming a micro ascending channel. This structure of continuously rising lows suggests that selling pressure in the market is gradually easing, and there are clear signs of exhaustion in bearish momentum. In the evening, we still maintain the idea of a pullback to add long positions. Attention! Pay close attention to the news at 20:30 tonight!

Operation Suggestions:
Buy long around Bitcoin 101500-102000.
Target near 103500,
Aunt Tai 2500-2540 is long, and the target is around 2600
#关税调整 #BTC行情预测 #PFVS Launchpad 认购开启
BTC0,02%
ETH0,05%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)