As long as you dare to believe, I will make you smile forever. The moment you are closest to the light is actually when you feel the darkness. I have no extravagant hopes; the only expectation is that the teachers you find after losing me are worse than one another. The intraday price has once again fallen into a narrow range of fluctuations amid the previous rise and fall. Although there are some flaws in the intraday long strategy provided, the subsequent market has timely pumped up from the low and has not continued to break down. Our multiple Danbu oranges have also perfectly captured this wave of rise. While the strategy may not be perfect, having a rationale to follow is what we pursue. In the recent continuous fluctuating market, everyone can adjust their mindset well and carefully consider every entry and exit point. In the current market situation, a single misstep could lead to disaster. If you are unable to analyze the market trend in real-time and cannot respond promptly, making it difficult to trade long or short, you might as well follow me here. Perhaps your random choice could change your situation.
From the current market situation, after the previous high and subsequent pullback, the price action has been maintaining a correction within a small range. After a downward movement during noon, the market began to slowly oscillate upwards. Therefore, the current short-term decline is merely a correction after the increase, rather than a trend reversal. The increase and decrease are indistinguishable, and overall it is still in a sideways oscillation. The movement is a step back and forth, and it is currently in a correction phase. On the 4-hour chart, a bullish doji star has formed, with relatively weak retracement momentum. Thus, the short-term decline has not provided much continuation. There are still opportunities for sustained upward movement in the future, so based on the current structural movement, it is advisable to maintain a bullish outlook.
The trading advice for Bitcoin in the early morning revolves around: 87300-87000 go long, target focus on 89000. For Ethereum, the suggestion is around 2920-2900 go long, target focus on 3030.
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.
As long as you dare to believe, I will make you smile forever. The moment you are closest to the light is actually when you feel the darkness. I have no extravagant hopes; the only expectation is that the teachers you find after losing me are worse than one another. The intraday price has once again fallen into a narrow range of fluctuations amid the previous rise and fall. Although there are some flaws in the intraday long strategy provided, the subsequent market has timely pumped up from the low and has not continued to break down. Our multiple Danbu oranges have also perfectly captured this wave of rise. While the strategy may not be perfect, having a rationale to follow is what we pursue. In the recent continuous fluctuating market, everyone can adjust their mindset well and carefully consider every entry and exit point. In the current market situation, a single misstep could lead to disaster. If you are unable to analyze the market trend in real-time and cannot respond promptly, making it difficult to trade long or short, you might as well follow me here. Perhaps your random choice could change your situation.
From the current market situation, after the previous high and subsequent pullback, the price action has been maintaining a correction within a small range. After a downward movement during noon, the market began to slowly oscillate upwards. Therefore, the current short-term decline is merely a correction after the increase, rather than a trend reversal. The increase and decrease are indistinguishable, and overall it is still in a sideways oscillation. The movement is a step back and forth, and it is currently in a correction phase. On the 4-hour chart, a bullish doji star has formed, with relatively weak retracement momentum. Thus, the short-term decline has not provided much continuation. There are still opportunities for sustained upward movement in the future, so based on the current structural movement, it is advisable to maintain a bullish outlook.
The trading advice for Bitcoin in the early morning revolves around: 87300-87000 go long, target focus on 89000. For Ethereum, the suggestion is around 2920-2900 go long, target focus on 3030.