【Black Gold (BG) 0412 Daily Report】
Hovering around 70000 is beneficial for the market, and from each downward movement, the resistance seems to be increasing. Moreover, a situation of Bitcoin hoarding is gradually forming, preparing to take off next week.
Global BTC 10:00 (GMT+8)
(AI Little Black)
Futures Long-Short Ratio: 49%:51% (Longs and shorts coexist peacefully, awaiting direction)
Spot Buying-Selling Ratio: 53%:47% (Increasing buying with small orders as the main, trading volume gradually expanding, suspected of the bookmaker opens a position at a low position.)
BTC: Pay attention to the weekend status. If BTC stands out on its own, it's ready to take off. If it remains sideways, pay attention to the trading activity around Sunday afternoon at 18:00 to predict the market trend for the next week. Overall, holding and waiting for the rise is the best strategy, and not held during the halving is disastrous. Buying actively around 68000-69800 is recommended.
ETH: ETH has already shown signs of being drained, but the community still remains steadfast. Recently, there's a trend of rising ETH ecological projects. It's not advisable to chase ETH before the 20th. If already holding, it's best not to change positions easily. At this point, all actions may be wrong.
Pay attention to the weekend market, which is of paramount importance. Wish you all a strong start to next week, with a target of 82000.