The hourly chart for BTC found support near the lower Bollinger Band after dipping to 107211.5, and is currently showing a slight rebound. Although it is still under pressure from moving averages, the downward momentum has somewhat diminished. Similarly, the hourly chart for ETH has stabilized near the low of 4254.97, showing signs of a short-term halt in decline. In terms of trading strategy, one can take a light position to speculate on a small-level rebound while strictly managing stop-losses.
BTC: Buy on pullback in the 107500 - 108000 range, set stop loss at 107000, target initially at 109000; ETH: Buy on a pullback in the 4300 - 4320 range, set a stop loss at 4250, and target first at 4400. #ETH走势分析##Gate重磅上线GUSD#
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9.1 midday trading strategy
The hourly chart for BTC found support near the lower Bollinger Band after dipping to 107211.5, and is currently showing a slight rebound. Although it is still under pressure from moving averages, the downward momentum has somewhat diminished. Similarly, the hourly chart for ETH has stabilized near the low of 4254.97, showing signs of a short-term halt in decline. In terms of trading strategy, one can take a light position to speculate on a small-level rebound while strictly managing stop-losses.
BTC: Buy on pullback in the 107500 - 108000 range, set stop loss at 107000, target initially at 109000;
ETH: Buy on a pullback in the 4300 - 4320 range, set a stop loss at 4250, and target first at 4400.
#ETH走势分析# #Gate重磅上线GUSD#