Recently, Bitcoin's daily chart has been very strong, with consecutive bullish candles, especially yesterday's large bullish candle that directly broke through the previous oscillation high. This is like a car flooring the accelerator and rushing up a hill, gaining strong momentum.
From the hourly chart, the price is moving in a "steady climb" pattern, with highs and lows gradually rising, indicating a healthy upward structure. However, after climbing for a while, it’s time to take a break; there may be some technical pullbacks in the short term to digest the gains, which is normal. Let's look at the key "vehicle dashboard" (technical indicators): · MACD (hourly chart): The upward "power" (red histogram) is still expanding, indicating strong bullish momentum. But note that the speed indicators (DIF and DEA) are already at high levels, approaching the "overheated" zone, with a risk of "top divergence," similar to an engine running at too high a speed. · MACD (daily chart): The fast and slow lines have formed a golden cross and continue to diverge upward, clearly indicating a strong larger-scale upward trend. Simple summary: The overall trend is undoubtedly upward, with both daily and hourly structures being very strong. However, in the short term, due to the rapid rise, some indicators are overheated, and caution is needed for possible pullbacks or high-level oscillations. In terms of trading, avoid chasing high during rapid increases; wait for a pullback and stabilization for better entry opportunities. 1.14 Bitcoin trading strategy: 1. Buy at 92300-93100, stop loss below 91500, target 94100-95100, continue to look higher towards around 96500 2. Short at 95100-94100, stop loss above 95700, target 92700-92100 1.14 Ethereum trading strategy: 1. Buy at 3110-3140, stop loss below 3080, target 3205-3245 2. Short at 3245-3215, stop loss above 3280, target 3165-3145
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Recently, Bitcoin's daily chart has been very strong, with consecutive bullish candles, especially yesterday's large bullish candle that directly broke through the previous oscillation high. This is like a car flooring the accelerator and rushing up a hill, gaining strong momentum.
From the hourly chart, the price is moving in a "steady climb" pattern, with highs and lows gradually rising, indicating a healthy upward structure. However, after climbing for a while, it’s time to take a break; there may be some technical pullbacks in the short term to digest the gains, which is normal.
Let's look at the key "vehicle dashboard" (technical indicators):
· MACD (hourly chart): The upward "power" (red histogram) is still expanding, indicating strong bullish momentum. But note that the speed indicators (DIF and DEA) are already at high levels, approaching the "overheated" zone, with a risk of "top divergence," similar to an engine running at too high a speed.
· MACD (daily chart): The fast and slow lines have formed a golden cross and continue to diverge upward, clearly indicating a strong larger-scale upward trend.
Simple summary:
The overall trend is undoubtedly upward, with both daily and hourly structures being very strong. However, in the short term, due to the rapid rise, some indicators are overheated, and caution is needed for possible pullbacks or high-level oscillations. In terms of trading, avoid chasing high during rapid increases; wait for a pullback and stabilization for better entry opportunities.
1.14 Bitcoin trading strategy:
1. Buy at 92300-93100, stop loss below 91500, target 94100-95100, continue to look higher towards around 96500
2. Short at 95100-94100, stop loss above 95700, target 92700-92100
1.14 Ethereum trading strategy:
1. Buy at 3110-3140, stop loss below 3080, target 3205-3245
2. Short at 3245-3215, stop loss above 3280, target 3165-3145