#以太坊交易量飙升# On the journey of the crypto world, there are no eternal peaks, nor are there everlasting valleys. Just like the bright moon, sometimes full, sometimes waning, it can always illuminate the night sky. Your investment path will be the same, witnessing your growth and transformation through ups and downs. Last midnight, the Bitcoin market did not fall as expected, but instead showed a noticeable upward trend, with the price rising from last night's low of 114846 to a high of 117615 in the morning before stopping. The Ethereum market moved in sync with Bitcoin, with the price similarly rising from last night's low of 3601 to a high of 3730 early in the morning.


According to the current market situation, the four-hour level shows that the price has rebounded with two consecutive bullish candles to the middle band before stopping and pulling back. It can be seen that the middle band of the Bollinger Bands is providing strong selling pressure, coupled with the fact that the Bollinger Bands are still opening downwards, and the middle band line is maintaining a downward extension. Therefore, under the condition of gradually weakening bullish momentum, the overall trend still leans towards a weak pattern. From the one-hour level, the price shows a six consecutive bullish candles approaching the upper band of the Bollinger Bands, but has not formed a strong breakthrough against the upper band. Additionally, the real bodies of the bullish candles are relatively small, and the three lines of the KDJ indicator have all entered the overbought zone and are showing a downward turning action. Hence, the overall trend is likely to experience a pullback after a rise, so in the morning operation, we will adopt a high-short strategy.
Sell Bitcoin near 118,000, target at 116,000.
Short at around 3750 for Ethereum, targeting 3650.
ETH3.43%
AE8.64%
BTC1.48%
View Original
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
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 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)