Based on the current market situation, the four-hour price is fluctuating narrowly between the middle and lower bands of the Bollinger Bands. Occasionally, it tests support and bounces back. The momentum is weak, trying to push towards the upper band, with strong resistance above.
Morning trading suggestion: focus on high leverage positioning.
Market attitude: consider a range of 3150-3180 for leverage, with a target around 3060.
For aggressive traders, enter in batches with proper stop-loss measures. #Gate广场创作者新春激励 $ETH
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.
1.9 Friday Morning Outlook
Based on the current market situation, the four-hour price is fluctuating narrowly between the middle and lower bands of the Bollinger Bands. Occasionally, it tests support and bounces back. The momentum is weak, trying to push towards the upper band, with strong resistance above.
Morning trading suggestion: focus on high leverage positioning.
Market attitude: consider a range of 3150-3180 for leverage, with a target around 3060.
For aggressive traders, enter in batches with proper stop-loss measures. #Gate广场创作者新春激励 $ETH