The intraday white board market has already completed its course, with BTC falling to a low of 110811 and reaching a high of 113318, while Ether dropped to a low of 4465 and rose to a high of 4633. Our midday reminder on the white board suggested entering long at the halfway point, which allowed us to seize some space for profit-taking. The market is not as difficult as imagined; as long as we participate without being overly cautious around Old Li's ideas, there are opportunities to profit.
From the BTC 4-hour chart, the price stabilized again after touching the lower Bollinger band, forming a wave of bottom rebound pattern, but not a unilateral upward trend, rather a fluctuating rising pattern. After multiple tests of the mid-band support yesterday, the price stabilized again, forming a wave of step-up pattern, and has now turned into a bullish trend. From the Ether 4-hour chart, the price has formed a wave of bottom rebound pattern, with a long lower shadow. Currently, it has returned above the mid-band again, with the 4-hour line showing a series of upward steps. Currently, the short-term movement is relatively slow, and after the price completes the pullback and correction, we remain optimistic about the price continuing to rise and closing higher. The evening strategy remains unchanged; a pullback provides us with an opportunity to go long. BTC can be bought in the evening at 112800-112300, targeting around 114500; Ether can be bought at 4580-4550, targeting around 4700. #ETH走势分析 #比特币技术分析
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.
The intraday white board market has already completed its course, with BTC falling to a low of 110811 and reaching a high of 113318, while Ether dropped to a low of 4465 and rose to a high of 4633. Our midday reminder on the white board suggested entering long at the halfway point, which allowed us to seize some space for profit-taking. The market is not as difficult as imagined; as long as we participate without being overly cautious around Old Li's ideas, there are opportunities to profit.
From the BTC 4-hour chart, the price stabilized again after touching the lower Bollinger band, forming a wave of bottom rebound pattern, but not a unilateral upward trend, rather a fluctuating rising pattern. After multiple tests of the mid-band support yesterday, the price stabilized again, forming a wave of step-up pattern, and has now turned into a bullish trend. From the Ether 4-hour chart, the price has formed a wave of bottom rebound pattern, with a long lower shadow. Currently, it has returned above the mid-band again, with the 4-hour line showing a series of upward steps. Currently, the short-term movement is relatively slow, and after the price completes the pullback and correction, we remain optimistic about the price continuing to rise and closing higher. The evening strategy remains unchanged; a pullback provides us with an opportunity to go long.
BTC can be bought in the evening at 112800-112300, targeting around 114500; Ether can be bought at 4580-4550, targeting around 4700. #ETH走势分析 #比特币技术分析