10.10 Bitcoin and Ethereum Evening Market Trend Analysis and Trading Suggestions!

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8 hours ago

Trading Philosophy: Look for trends in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily candlestick closed as a bearish candle near 121500, the Bollinger Bands continue to open, the MACD moving average continues to move downward, bullish volume continues to decrease, and the KDJ continues to move downward. On the 4-hour chart, the Bollinger Bands have started to slowly open downward, the MACD moving average continues to move downward, bearish volume continues to increase, and the KDJ line continues to move downward;

For Ethereum, the daily candlestick closed as a bearish candle near 43650, the Bollinger Bands have started to run flat, the MACD moving average has started to run parallel, bullish volume has begun to decrease, and the KDJ line has started to move downward. On the 4-hour chart, the Bollinger Bands have dropped to the lower band and have started to slowly open downward, the MACD moving average continues to move downward, bearish volume continues to increase, and the KDJ line continues to move downward;

Yesterday, we positioned long orders near the support level, effectively capturing the low point. Currently, the market is continuing to fluctuate, and we expect a buildup for an upward move. If you haven't taken profit, you can continue to hold; those who have taken profit can also re-enter!

Operation Suggestion: Position long orders near the support level!

Long Bitcoin at 120000-120500, target 121500-123000, stop loss at 119000;

Long Ethereum at 4300-4330, target 4400-4480, stop loss at 4220;

The strategy is time-sensitive; please refer to private real-time guidance for specifics!

Scan the QR code below to follow our WeChat public account for more real-time market updates!

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