1.5 Evening Bitcoin and Ethereum Trading Suggestions and Directions


The rebound strategy for going long during the evening pullback has been validated again. The Bitcoin rally also rebounded from around 92,200 to near 93,100, creating a nearly 900-point range. Currently, Doudan still holds positions, waiting for a sustained volume breakout. From the current market perspective, the 1-hour chart shows that Bitcoin oscillates around the 93,000 level, with short-term upper and lower bands near 93,500 and 90,600 respectively. Bitcoin is in the upper-middle band range, showing a generally oscillating but slightly bullish trend.
From the MACD perspective: DIF and DEA maintain a golden cross, and the MACD histogram is positive, indicating that bullish momentum still exists but with some hesitation. The short-term upper and lower bands can serve as support and resistance levels, while the midline acts as a short-term bullish and bearish dividing line. Currently, Bitcoin is trading above the midline, with a clear bullish trend. The momentum has not yet been fully released, and there is potential for further breakout. A volume breakout above the upper band could open up upward space.
Therefore, the evening trading strategy should focus on points above the midline, with a stop-loss set around 92,000. #BTC #ETH
ETH-1,11%
BTC-0,61%
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