Trader Liang Qiu: 12.1 Bitcoin/Ethereum Evening Trading Strategy with Market Analysis

Bitcoin/Ethereum has been consolidating over the weekend, but the market remains high. Tomorrow, Monday, also means a change in trend is imminent, so be prepared for swings and follow the breakouts. Yesterday during the day, it was mentioned that the market's high-level consolidation is likely to form a continuation pattern in an upward trend, especially in the context of altcoins surging. However, the market is currently in a state of fluctuation, and the evening session will also experience a retracement and consolidation process. Pay attention to the support levels at 96000 and 3630. If the support holds, the market is likely to continue to rise.

Currently, the hourly and four-hour charts are in a retracement and consolidation phase. The market showed upward pressure and downward support over the weekend. The upper resistance is still between 98000 and 98500. In terms of technical indicators, the MACD in the four-hour cycle shows that both DIF and DEA are above the zero axis, but the MACD histogram has turned from positive to negative, indicating weakened short-term momentum. The market is currently in a high region, with increased trading volume accompanying intensified price fluctuations, which may indicate an impending trend change. Be prepared for a trend change at any time and focus on swings.

For the evening trading, enter long positions for Bitcoin around 96000 to 96400, targeting 98000; for Ethereum, enter long positions around 3630 to 3660, targeting near 3740. Currently, the market is mainly focused on swings, and the information provided is timely, with real-time guidance as the priority.