In the crypto world, there is no gain without effort; only through hard work and wisdom can one reap the fruits of wealth. Yesterday at midnight, the Bitcoin market showed a fluctuating upward trend, with the price rising from a low of 112582 at midnight to a high of 113948 in the early morning. The Ethereum market at midnight displayed a clear range-bound fluctuation, with the price first reaching a high of 3612 before facing downward pressure. In the early morning, the price dipped to a low of 3546 before quickly bouncing back to around 3590. The long orders for Bitcoin and Ethereum that we set up at midnight are continuously yielding profits.


According to the current market situation, the four-hour level shows that after a significant bearish pullback, the market is exhibiting a two consecutive bullish candle rebound, with prices rising towards the middle band of the Bollinger Bands. The bullish momentum is gradually diverging, and various indicators are also showing upward turning actions. Thus, the overall trend has entered the bullish rebound recovery phase. From the one-hour level, the market exhibits a gradual upward movement. Although short positions have provided minor pullbacks along the way, the retracement strength is not substantial. The KDJ indicator's three lines have formed a golden cross pattern and continue to extend upward. The MACD indicator's histogram is gradually shrinking below the zero axis, with the dual lines of the indicator turning upward and merging, indicating a potential golden cross formation. However, the J value in the KDJ indicator has already entered the overbought zone, so we need to pay attention to a potential technical pullback in the short term. Therefore, in our morning operations, we will continue to maintain a low long order strategy.
Buy Bitcoin around 113500, target at 115500.
Long order near Ethereum 3580, target looks at 36800 #Gate ETH 挖矿年化收益 5%# #晒出我的Alpha积分#
BTC-0.2%
ETH3.21%
SOL1.62%
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456BUvip
· 08-05 23:34
Good evening everyone… Now market looks like positive next 3-6 hours. please follow my Rules number 1 & 2 don’t take high leverage ….otherwise you will lose your capital. Check my profile and massages with time…. you will get more clarity 😎
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