Gu Jingci: 2.28 Bitcoin/Ethereum Evening Trading Strategy and Market Analysis

Bitcoin/Ethereum experienced a decline in the afternoon due to news impact, but compared to the large fluctuations caused by news earlier, the current volatility can be considered minor. Our early morning pullback on long positions was also replenished during the decline, with an average price still favorable. On the 4-hour candlestick chart, recent candles have been consecutively bearish with large bodies and upper shadows, indicating that the bears are in control, with heavy selling pressure above. The lowest touches were around 1833 and 63000, showing strong bearish momentum.

On the daily chart, a large bearish candle has formed consecutively, just one line away from the previous low points at 1795 and 62500. Pay attention to support at this level tonight. On the 4-hour technical indicators, both DIF and DEA are below the zero line, with DIF continuously crossing below DEA. The MACD histogram is negative and expanding, indicating a strong bearish trend with very powerful downward momentum. Currently, the overall trend is weak; focus on the recovery tonight and over the weekend. If the previous daily lows are broken again, the trend will further weaken.

Evening Trading Suggestions: Buy near 63000 to 63500 for Bitcoin, targeting 65000 to 66000; buy near 1830 to 1850 for Ethereum, targeting 1900 to 1950, with stop-loss at 62000 and 1780.

Daily analysis and strategy have a high success rate; all are for reference only. Please trade at your own risk. The article is not updated in real-time; please rely on live data for specific decisions!