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1.8 Bitcoin/Ethereum Evening Trading Strategy and Market Analysis
For Bitcoin/Ethereum during the daytime, the long positions around 3100 and 89500-90000 are considered. The overall volatility of Bitcoin is not significant, but the overall retracement of ETH is relatively large. ETH is temporarily holding, and if it drops near 3050, add to the position. The average cost is pushed up to around 3075, with the target changed to the 3150 level. Be patient and wait for a rally in the evening.
For those without long positions, enter a long position directly around the current price of 89600, with a target of 91500-92000.