Evening Strategy:
Ethereum has just broken through 3500 points. The morning strategy also indicated that
Bitcoin has been fluctuating around 98000 for four consecutive days. Everyone knows the saying that prolonged horizontal movement must lead to a drop. If it does not continue to break through, Bitcoin may fall back.
This timing depends on the orientation of retail investors. If retail investors continue to be bullish, there may be a slight pullback before a rise. If retail investors are bearish, there may be a rise followed by a pullback. Everyone should pay attention at this time.
Bitcoin's daily K-line KDJ has formed a death cross, and MACD continues to turn downwards forming a death cross.
The four-hour trend shows that MACD and KDJ are now continuing to turn downwards, indicating that Bitcoin will still pull back.
Ethereum's daily K-line KDJ has formed a golden cross and continues to rise, and MACD is the same.
The four-hour trend shows that MACD has just formed a golden cross, indicating that Ethereum may still rise tonight and do so with increasing volume. At this time, do not blindly short.
Recently, altcoins have been performing quite well, so everyone should pay more attention.
Bitcoin's upper limit is 100000 and lower limit is 95000.
Ethereum's upper limit is 3600 and lower limit is 3400.
