Yiming's Trading Diary

All content in this article is personal opinion, for learning and communication only, not as a basis for investment. Any operation based on this carries its own risks.

Last night, both Bitcoin and Ethereum experienced significant drops at key levels. Although they fell below the lifeline on the hourly chart, they did not break the lifeline on the four-hour period, indicating that the current market has not formed a bearish trend within the four-hour lifecycle.

In this situation, when the market price is above the four-hour lifeline but below the hourly lifeline, it mostly indicates a pattern of oscillation.

Yiming provides the following reference for the oscillation range:

BTC: Upper range 60600~60870; Lower range 58360~58500

ETH: Upper range 2710~2720; Lower range 2597~2610

For those looking for trend signals, it's best to wait a bit longer, while those interested in oscillation trading can refer to the above ranges.

Message: Don't stare at the clock, keep moving forward like it does.

This article is original content by Yiming. For more information, you can follow the official account "Yiming's Trading Diary" to get the latest cryptocurrency news as soon as possible.

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