11.4 Midday Market Analysis:
Bitcoin opened at 95913 this morning, declining to around 95600 before rising to around 96700 and then falling back to around 95200. It later rebounded and is currently trading around 95900.
Ethereum opened at 3616 this morning, strengthening and rising to around 3711 before falling back to around 3631 and then rebounding to around 3670.
This morning's strategy laid out a range for Bitcoin at around 96400-96700, with Ethereum moving in sync. Bitcoin realized a stop gain, while Ethereum synchronized with a profit, earning over 1200 points from Bitcoin and over 60 points from Ethereum, securing a steady profit.
From the 4-hour view, Bitcoin's upward momentum is decreasing in volume, with attention on 96200 above and 97200 as a secondary level. Below, focus on around 94800. From the 1-hour view, Bitcoin's upward momentum is also decreasing in volume, with attention on 96600 and a secondary level around 98000 above. Below, focus on 95500-94300.
In my personal opinion for midday:
If Bitcoin retraces to around 95500-95100, look towards 96700-97100.
If Ethereum retraces to around 3660-3640, look towards 3710-3730.
Every day is a lifetime, we must do our utmost to get through today, treating today as a lifetime without regrets. The happiest people do not necessarily have the best of everything; they simply cherish what they have found along the way.
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