Today is also coming to an end, and the intraday market has basically been running on a pattern of rising and then pulling back. The morning saw the price of the coin rise twice before quickly retracting. In the afternoon, the price of the coin also showed a volatile downward trend. In terms of Ethereum, the morning was largely a one-sided upward trend, rising to around 3986 before starting to fluctuate. The market saw strong bullish movement in the evening due to the impact of the CPI.
Looking at the four-hour chart, the price of the coin rose to a high of 101880 in the early morning, followed by a three consecutive bearish retraction during the day. In the evening, it shifted from bearish to bullish again, with a clear division and strong bullish effort. We can participate by going long at low during midnight.
Trading Suggestions
Bitcoin: Go long at 100800-101000, target 102500
Ethereum: Buy around 3930, target 4000
