Still troubled by a meager salary? The crypto world offers you the possibility of crossing social classes, seize the opportunity, and let wealth rise like a snowball! Last midnight, Bitcoin's market did not move out of a larger range; the price first gave a slight rise and then quickly pumped to the 117000 high point before stopping, followed by a pullback. Near the morning market, it touched the lowest point of 116350 before entering a period of consolidation. Ethereum's midnight market, on the other hand, maintained a strong upward momentum, with the price rising from the low point of 4153 last night to the high point of 4326 early this morning before pulling back. Midnight Sheng Ge also seized this wave of rise and decisively placed a long order for Ethereum, entering around 4206 and exiting around 4296, gaining 90 points of space.


According to the current market situation, the four-hour level shows that the market is in a three-consecutive-day decline, falling to the middle track of the Bollinger Bands. All indicators and moving averages are showing a downward trend. However, the middle track of the Bollinger Bands clearly maintains strong support, which means that the bearish consecutive decline has not formed a strong breakthrough. This situation also provides reserve momentum for a bullish rebound. From the hourly level, the market is showing a step-down trend, but there are also obvious signs of a halt. The opening of the Bollinger Bands is extending in a parallel state, and the three lines of the KDJ indicator have turned upward after entering the oversold area, and are currently gradually converging, likely forming a golden cross. This indicates that the bearish momentum is gradually dissipating, so we are optimistic about a bullish rebound in the morning.
You can go long near Bitcoin 116300, targeting 117700.
You can go long around Ethereum 4230, targeting 43300 #Gate & WLFI USD1 积分计划# .
BTC3.19%
ETH2.33%
USD10.02%
TRUMP7.04%
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GateUser-c7e1a9e8vip
· 08-10 00:42
Not bad recommendations, we will work on it.
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