Bitcoin Ethereum Afternoon Trading Suggestions and Future Trend Analysis: 1/5 The current market is in a clear upward trend, with technical signals indicating that the price is above both short-term and long-term moving averages. The bullish alignment of moving averages and the golden cross further reinforce the bullish momentum. However, as the price approaches the strong resistance level of $93,547.3, the RSI indicator enters the overbought zone, and the upper band of the Bollinger Bands exerts resistance, suggesting a possible pullback or consolidation in the short term. Therefore, the afternoon trading strategy should mainly focus on shorting on pullbacks from high levels.
Around 93,000-93,500 for Bitcoin, consider shorting with targets around 92,000-91,000; around 3,170-3,200 for altcoins, consider shorting with targets around 3,120-3,080.
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Bitcoin Ethereum Afternoon Trading Suggestions and Future Trend Analysis: 1/5 The current market is in a clear upward trend, with technical signals indicating that the price is above both short-term and long-term moving averages. The bullish alignment of moving averages and the golden cross further reinforce the bullish momentum. However, as the price approaches the strong resistance level of $93,547.3, the RSI indicator enters the overbought zone, and the upper band of the Bollinger Bands exerts resistance, suggesting a possible pullback or consolidation in the short term. Therefore, the afternoon trading strategy should mainly focus on shorting on pullbacks from high levels.
Around 93,000-93,500 for Bitcoin, consider shorting with targets around 92,000-91,000; around 3,170-3,200 for altcoins, consider shorting with targets around 3,120-3,080.