Gu Jingci: 1.10 Bitcoin/Ethereum Trading Strategy with Market Analysis
Bitcoin and Ethereum have been experiencing narrow fluctuations in recent days. Our previous strategy was to go long above 3280 multiple times. During the recent pullback, we also entered multiple long positions around 3060-3080. The overall space is visible. Currently, the market shows a "top above, bottom below" oscillating pattern, with bulls and bears repeatedly battling at key price levels. From a technical indicator perspective on the daily chart, Bitcoin/Ethereum face strong resistance above, and short-term upward momentum is insufficient.
The areas around 92500 and 3180 on the upside for Bitcoin/Ethereum have been tested multiple times as strong resistance zones. Below, 89500 and the psychological level of 3060 are important support levels, followed by 89000 and 3040. If these are broken with increased volume, a deeper correction may begin. On the macro level, the US December non-farm payroll data is mixed, and the market needs to wait for more data to form a new consensus expectation. Before a volume breakout above key resistance or a breakdown below important support, Bitcoin and Ethereum are likely to remain in a sideways trend.
Trading suggestions: Buy near 89500-90000 for Bitcoin, target around 92000; buy near 3050-3070 for Ethereum, target around 3140-3170.
Daily analysis and strategy have a relatively high success rate, all can be seen. The analysis and strategies are for reference only; please bear the risks yourself. The article review and publication are not timely, so please refer to real-time data! #GateFun马勒戈币暴涨1251.09% #Gate广场创作者新春激励 #非农就业数据 #每日行情分析
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Gu Jingci: 1.10 Bitcoin/Ethereum Trading Strategy with Market Analysis
Bitcoin and Ethereum have been experiencing narrow fluctuations in recent days. Our previous strategy was to go long above 3280 multiple times. During the recent pullback, we also entered multiple long positions around 3060-3080. The overall space is visible. Currently, the market shows a "top above, bottom below" oscillating pattern, with bulls and bears repeatedly battling at key price levels. From a technical indicator perspective on the daily chart, Bitcoin/Ethereum face strong resistance above, and short-term upward momentum is insufficient.
The areas around 92500 and 3180 on the upside for Bitcoin/Ethereum have been tested multiple times as strong resistance zones. Below, 89500 and the psychological level of 3060 are important support levels, followed by 89000 and 3040. If these are broken with increased volume, a deeper correction may begin. On the macro level, the US December non-farm payroll data is mixed, and the market needs to wait for more data to form a new consensus expectation. Before a volume breakout above key resistance or a breakdown below important support, Bitcoin and Ethereum are likely to remain in a sideways trend.
Trading suggestions: Buy near 89500-90000 for Bitcoin, target around 92000; buy near 3050-3070 for Ethereum, target around 3140-3170.
Daily analysis and strategy have a relatively high success rate, all can be seen. The analysis and strategies are for reference only; please bear the risks yourself. The article review and publication are not timely, so please refer to real-time data! #GateFun马勒戈币暴涨1251.09% #Gate广场创作者新春激励 #非农就业数据 #每日行情分析