Is the breakthrough of 10.4 historical highs imminent? Continuing bullish? Midnight market analysis / with trading strategy.
Market Analysis: Bitcoin has recorded three consecutive bullish candles on the daily chart, with the price approaching the historical high of 12.45. The probability of breaking above is relatively high, but it is important to note the impact of significant selling pressure near 12.45 on the price in the short term; the upward momentum of Ethereum is weaker than that of Bitcoin, but it is worth looking forward to a potential catch-up opportunity later on, with resistance levels around 4650/4730. Similarly, in the short term, we look bullish and expect a catch-up. Trading Strategy: BTC: Long at 12.3/12.2, target at 12.4/12.5; shorts should wait for opportunities above 12.5. ETH: Long at 4520/4450, target at 4650/4730; shorts can consider participating around the 4650/4750 level. The daily analysis strategy has a very high win rate! Analysis is not easy, and I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave comments below for discussion; I will reply one by one!
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Is the breakthrough of 10.4 historical highs imminent? Continuing bullish? Midnight market analysis / with trading strategy.
Market Analysis: Bitcoin has recorded three consecutive bullish candles on the daily chart, with the price approaching the historical high of 12.45. The probability of breaking above is relatively high, but it is important to note the impact of significant selling pressure near 12.45 on the price in the short term; the upward momentum of Ethereum is weaker than that of Bitcoin, but it is worth looking forward to a potential catch-up opportunity later on, with resistance levels around 4650/4730. Similarly, in the short term, we look bullish and expect a catch-up. Trading Strategy: BTC: Long at 12.3/12.2, target at 12.4/12.5; shorts should wait for opportunities above 12.5. ETH: Long at 4520/4450, target at 4650/4730; shorts can consider participating around the 4650/4750 level. The daily analysis strategy has a very high win rate! Analysis is not easy, and I hope everyone can give a free follow, save, like, and comment. Thank you all, and feel free to leave comments below for discussion; I will reply one by one!