#以太坊行情解读 Bitcoin is starting to consolidate again, the market data doesn't show any clear direction, and a short-term low long strategy is still the main idea.

Although the long position of more than 88000 given yesterday didn't make much profit, at least it didn't get trapped, and there is still a chance to break free. I have also taken short positions in the short term, but I won't be doing public live trading before the end of the year; however, I will continue to provide daily market updates, mainly due to a lot of internal affairs. Friends who have followed since June should be clear about these insightful analyses.

Looking at today's trend, the daily line closed with a bearish candle, while the 4-hour chart fluctuated within the range of 88300-86500 without significant declines. From the daily rhythm, there should still be a pullback during the day, with support around 84800 to watch for. The hourly chart is currently in a triangle breakout window, and a new market trend is about to emerge. Focus on the 4-hour Bollinger lower band around 86800; if it stops falling here, it will be a signal to go long.

The operation suggestions are as follows:

Bitcoin can be considered for a long position near 86800 or 86000, with upper targets at 88000, 88900, and 90300.

Ethereum has been basically following the rhythm of Bitcoin these days, and you can go long around 2910 or 2860, with targets at 2980, 3030, and 3100.

$BTC
$ETH