Don't envy others' doubling trades, and don't lose your footing due to short-term fluctuations. No one can accurately hit every peak and trough; winners are merely those who panic less during falls and remain more clear-headed during rises. Remember, coins are brewed over time; a stable allocation and long-term patience are much closer to success than chasing peaks and cutting losses. The market at the end of the week is still in a fluctuating upward trend, with the coin price climbing from around 109300 in the morning, reaching a peak near 112100 in the evening before pulling back, currently returning to around 110300. In the morning, it was clearly suggested to go long around 109500-109000 for Bitcoin, targeting the 112000-113000 area. The market's movement perfectly aligns with our thoughts!


The current price is near the middle band of the Bollinger Bands, which serves as a key support for the short-term bullish and bearish struggle, and its gain or loss is crucial for the future market trend. From the MACD indicator, the green bars have significantly shortened, indicating that the bearish momentum is weakening. If the MACD can form a golden cross subsequently, it will further confirm the initiation of a short-term rebound trend.
Operation suggestions:

Big Pie: Go long near 109800 Target looks at 112000
Two contracts: can go long near 3850, target looking at 4100

$BTC $ETH
BTC1.63%
ETH2.86%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)