In terms of Bitcoin, the middle track of the Bollinger Bands at the daily level fell under pressure again, the MACD moving average moved downward smoothly, the short volume continued to increase slightly, and the KDJ line also moved downward. At the 4-hour level, the Bollinger Bands moved flat, the MACD moving average moved upward, the long volume continued to increase, and the KDJ line also moved upward. As for Ethereum, all technical indicators are basically synchronized with Bitcoin.
Comprehensive analysis shows that the short-term strength in the market is relatively strong in Bitcoin and Ethereum, especially at the daily level of Bitcoin. However, at the 4-hour level, Ethereum's performance is relatively optimistic, showing a certain bullish momentum.
Based on the above viewpoints, investors are advised to pay close attention to the pressure of the middle track of the Bollinger Bands of Bitcoin on the daily line and the operating trends of the MACD and KDJ indicators. For Ethereum, you can pay attention to the performance of the Bollinger Bands and MACD indicators on its 4-hour line.
In summary, the current market trend is still volatile. At the 4-hour level, the Bollinger Bands are flat, while the Bollinger Bands at the daily level are closing. It is expected that the market will continue to fluctuate for one or two days, especially when the Fed's interest rate decision is about to come. The market will choose a clear direction only after the interest rate decision is announced. Therefore, investors are advised to remain cautious before waiting for the market direction to become clear.
The short position strategy deployed yesterday achieved a small profit, but it is still recommended to continue holding the high short position. Considering the short trend at the weekly level, the short-term operation recommendation is still mainly high short.
The bull market is coming, spot and contract carnival feast! Roll funds together, stock up on bull market spot, and share the wealth feast! Nod and follow me, the bull market strategy deployment is revealed, so you can easily master the wealth code! Recruiting fans, I need you, you also need me, don’t be a runner-up in the bull market, let’s revel in the warehouse together! Refuse to be a heavy-weight god, steady investment is the kingly way!
If you think Boshi’s views are okay, you can click on the avatar to follow Boshi. Thank you for reading. Finally, what Boshi wants to say is that there are still many things that have not been expressed, and you can’t understand everything through just one article. You can continue to follow Boshi, and let us create brilliance together in the new round of bull market!
