Good evening everyone, I am Gu Yue. The strategy released at noon has already reached its profit-taking target in the evening. Bitcoin has dropped from around 72,500 to around 70,000, and Ethereum has fallen from around 2,640 to around 2,500. The declines are within expectations, and our targets have been perfectly achieved. After the evening drop to our target position, the market began to rebound. Currently, the market has reached the lower support of the Bollinger Bands and is difficult to sustain downward.
The hourly chart for Bitcoin has reached the lower Bollinger Band and is rebounding. Currently, the price of Bitcoin is around 70,700, and the MACD green energy bars are gradually decreasing. The hourly chart is gradually trending upwards. In the evening, it is recommended to go long around 70,700 with a target of 71,700.
The hourly chart for Ethereum has also reached the lower Bollinger Band and is stabilizing around 2,530. Currently, it is recommended to go long around 2,530 with a target of 2,600.
There are many types of investments, and it is important to choose what suits you best. There are many paths, and it is crucial to choose the right guide. I am Gu Yue, interpreting world economic news, analyzing global investment trends, and providing daily market analysis to offer you the latest trading strategy ideas and professional investment consulting services to help you reach the peak of financial management.
This article represents personal views only and is for reference only. It should not be used as a basis for actual operations. Market conditions are unpredictable, and profits and losses are at your own risk. For the latest trading strategies, please follow the public account: Gu Yue KOL.
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