$ETH $BTC 12/12 pre-midday strategy
1. Trend analysis:
• The prices of both ETH and BTC have recently broken out strongly and are above short-term moving averages such as EMA7 and EMA25, indicating that a bullish trend is currently in place.
• See the overall market direction clearly. If the price continues to rise along the moving average, you can consider short-term follow-the-trend operations.
2. Indicator reference:
• MACD: The MACD for both ETH and BTC is showing a golden cross (the DIF line is above the DEA line), indicating increasing bullish momentum. This is a buy signal, but watch for momentum to weaken.
• Volume: When trading volume increases, it means that market participants are more active, and the price may continue its momentum; if the volume shrinks, caution is required.
3. Support and pressure:
• ETH is seeing pressure near 3884, watch for a breakout of this level. Support may be found near 3824 (EMA25).
• BTC is approaching the pressure zone at 101,880, with support near the EMA25 (100,918).
long strategy
• Entry: Buy when the price breaks through the pressure level (such as ETH 3884, BTC 101,880) or falls back to the support level (ETH 3824, BTC 100,918).
• Close the position: Target price is set at the next pressure zone (eg ETH 4000, BTC 105,000).
• Stop Loss: Placed below the support level.
short strategy
• Entry: Go short when the price breaks below the support level or fails to rebound from the resistance level.
• Close position: target price at the next support zone (eg ETH 3750, BTC 97,500).
• Stop Loss: Set above the resistance level.
Recommendation: Control risks and use 2%-5% of funds for each transaction.