A week's time passes quickly, and tomorrow is Saturday! Life and trading are the same. You never know when unexpected situations will arise, so risk control and preparedness are always necessary. The so-called 'precaution is better than cure' may be referring to this principle! In terms of trends, the large cycle weekly level is still clearly suppressed, and the short cycle continues to oscillate within a range, the trend is still unclear!



BTC technical analysis: On the daily chart, a small positive candle closed yesterday, showing a consecutive positive rebound in the candlestick pattern, with the indicator crossing upwards. However, the price has not broken through the previous high point, and the fast and slow lines are crossing above the zero axis, indicating weak momentum and continuation. Therefore, it is not advisable to rush into a bullish view on the trend. In the short term, the price slightly retraced during the US session yesterday before rising, with a low near the 96800 area and a rebound high near the 98800 area in the morning. The current price is at a high level, but the rebound did not continue. The 4-hour chart provides support, indicating a high probability of consolidation today. Therefore, the short-term trading strategy for BTC today is: short at around 98500 on a pullback, stop-loss at 98800, target at 97200; long at the 97200 retracement, stop-loss at 96750, target at 98200.

ETH technical analysis: On the daily chart, yesterday closed with a small bullish candlestick, with consecutive bullish candles and the indicator showing a golden cross. However, the price is still at a low level, and the rebound strength and sustainability are relatively weak. In this case, the current trend is expected to fluctuate within a range. Therefore, we should continue to trade in the short term, avoid greed, and focus on stability; on the hourly chart, during the US trading session yesterday, the price surged and then fell back near the high point around 2775 area and the low point around 2700 area.
The current price continues to consolidate horizontally without much volatility. Combined with the increased probability of fluctuations on this Friday, we will stick to trading within the range today. Therefore, today's ETH short-term trading strategy: Go long on the retracement around the 2720 area, with a stop loss at the 2690 area and a target of 270 area. Short on any rebound that does not break through the 2775 area, with a stop loss at the 2805 area and a target of 2720 area.

Fans of Yuelin can communicate and exchange ideas in the comments section. I have been working in the finance industry for many years, and the market fluctuates every day. All I can do is to bring help to everyone with my years of research experience. The market changes rapidly, and trading requires flexible and timely strategies. [The above analysis represents only personal opinions, and the content is for reference only. Please be cautious when entering the market.]#AI Agents 板块代币普涨 #MKR & PYTH 上涨 #IP & BERA价格反弹
BTC-1,96%
ETH-0,79%
PYTH-4,24%
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