Good evening everyone, I am Gu Yue. The strategy released at noon has already reached its profit-taking target in the evening. Bitcoin has dropped from around 72,500 to around 70,000, and Ethereum has dropped from around 2,640 to around 2,500, both within our expected range, and our target has been perfectly achieved. After the evening drop to our target position, the market began to rebound. Currently, the market has reached the lower support of the Bollinger Bands and is difficult to sustain.
On the hourly chart, Bitcoin has reached the lower Bollinger Band and is rebounding. Currently, the price of Bitcoin is around 70,700, and the MACD green energy bars are gradually shrinking. The hourly chart is gradually showing an upward trend. In the evening, it is recommended to go long around 70,700 with a target of 71,700.
Ethereum's hourly chart has also reached the lower Bollinger Band and has stabilized around 2,530. Currently, it is advisable to go long around 2,530 with a target of 2,600.
There are many types of investments, and it is important to choose the one that suits you. There are many paths, and it is crucial to choose the right guide. I, Gu Yue, personally interpret world economic news, analyze global investment trends, provide daily market analysis, and offer you the latest trading strategy ideas and professional investment consulting services to help you reach the pinnacle of wealth management.
This article represents personal views only and is for reference purposes only. It should not be used as a basis for actual operations. Market conditions are unpredictable, and profits and losses are self-responsible. #BTC☀ #ETH🔥🔥🔥🔥