The volatility of Bitcoin has further decreased. After facing pressure in the morning and experiencing a drop, it rebounded after touching around 93500. In the afternoon, it ran to around 94600, providing over a thousand points for potential gains. We publicly suggested buying at low levels in the morning, and have successfully taken profits of 951 points from Bitcoin and 64 points from Ethereum. Now, in this narrow range of fluctuations, it's a matter of exchanging time for profit margins. If you can't grasp it, it's better to observe more and operate less. #加密市场反弹 #比特币战略储备
From the current perspective, we can see that the market is in a corrective structure, with a continuous decrease in trading volume at the four-hour level. Market trading sentiment is sluggish, and the MACD lines are showing a convergence state, with trading volume being relatively balanced. At the hourly level, after three consecutive bullish candles, it has stood above the middle band of the Bollinger Bands. Although it hasn't stabilized above, we can still see the intention to recover, so in the afternoon, we will continue to buy at low levels.
Bitcoin: 93500~93800 for buying, with a target of 95500.
Ethereum: 3360~3380 for buying, with a target of 3480. $BTC $ETH