Today's Strategy Ideas and Operation Suggestions Share

As of now, the overall market has not yet formed a clear breakout trend and continues to maintain a wide range of fluctuations. Currently, it is in a phase of accumulating strength and preparing for an upward breakout.

From the 4-hour chart analysis, the upper band of the Bollinger Bands is in an open state, while the middle band provides strong support for the market. The current market is developing towards a breakout above the upper band.

Looking at the hourly chart, it shows a strong one-sided upward trend, where the middle band serves as an important support line for the short-term bulls.

If the trading volume does not rapidly expand, the market is expected to maintain a slow upward trend, accompanied by some sideways adjustments.

In intraday trading, it is essential to pay close attention to the resistance level at 93000 above and the support level at 89500 below.

Based on the overall situation, regarding operation strategies, we still advocate buying on dips as the main idea during pullbacks.

Operation Suggestions for Bitcoin

Buy around 90500 - 91000, with a target price of 92000 - 92500.

For Ethereum

Buy around 3130 - 3150, with a target price looking at 3250 - 3270. If you want to delve deep into the cryptocurrency space but can't find direction, and want to quickly understand the information gap, whether it's contracts or spot trading, you can 👉 learn more in my personal profile.