The currency price has been fluctuating in a narrow range for the past half month. Last week, everyone was waiting for the Fed's decision to raise interest rates, but the 25-point rate hike was in line with market expectations, and the market did not fluctuate much. However, our strategy order was successfully completed after a few days of volatility.
Bitcoin:
From the 4-hour chart, we can see that the support of 29100 is still solid. The previous price opportunities rebounded from this position every time. After another test yesterday, it still did not fall below this position, thus forming a rebound. At present, the 4-hour level has tested 29100 many times. If the price remains above 29400, it will be relatively easy to break through 31000 this week.
Ethereum:
From the 4-hour chart, the overall trend is still a rebound trend, but the pressure at the top of this box is relatively large. If the market can continue to run at the top of this box, then there is a great chance of breaking through the box and rebounding to 1950, but there is still a possibility of shock retracement to test support in the short term.
Operation suggestions:
Bitcoin: Buy around 29100-29300, stop loss 28800, cover at 28900, target 29600-31000
Ethereum: Long around 1840-1860, stop loss 1810, cover position 1820, target 1890-1950
The market conditions are ever-changing, and real-time operations are the main focus.