Wednesday Big Pie (Bitcoin) and Auntie (Ethereum) Market Analysis and Trading Suggestions:
Technical Analysis
- Daily Level: Bitcoin and Ethereum both show a medium bullish candle on the daily chart.
- Four-Hour Level: The Bollinger Bands are slightly open, the K-line is below the upper band, and the MACD indicator shows both lines trending upwards, but the bullish energy bar is shrinking.
- One-Hour Level: The Bollinger Bands are open, the K-line is above the middle band, but the MACD lines are trending downwards, and the bearish energy bar is expanding.
Trading Suggestions
- Big Pie (Bitcoin): Focus on shorting during intraday rebounds, while also considering buying on pullbacks. You can go long in the 96000-96500 range, targeting 99000; short in the 98500-99000 range, targeting 97000.
- Auntie (Ethereum): Go long around 3450-3430, targeting 3550; short around 3520-3550, targeting 3400.