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Gate Square New & Returning Creator Rewards are ongoing!
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Xiaoyao KOL: Bitcoin and Ethereum Market Analysis at 1.14 in the Early Morning
Currently, Bitcoin and Ethereum are both in a short-term rebound trend. The 4-hour MACD indicator for Bitcoin shows increasing bullish momentum, but RSI is approaching the overbought zone, indicating potential short-term pullback pressure. Ethereum's 4-hour MACD indicates moderate bullish momentum, with RSI in the neutral zone, leaving room for a short-term rebound. However, caution is advised regarding resistance levels that may trigger a pullback. For afternoon positions around 92,800 and 3,170, Kongdan recommends patience in holding. Friends who haven't entered the market yet are advised to consider entering at higher levels in the early morning.
Trading suggestions: Enter positions around 93,500 to 94,000 for Bitcoin with a target near 91,500; for Ethereum, enter around 3,190 to 3,230 with a target near 3,120. Market conditions are constantly changing. The article is time-sensitive. Friends entering the market should follow real-time guidance. #Gate储备金报告 #中文Meme币热潮 #CPI数据将公布