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Gate ELSA Futures Trading Challenge is Now Live!
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Friday morning, Bitcoin/ETH Market Update
On the hourly chart, Bitcoin is currently in a consolidation phase within a range. The MACD indicator has formed a golden cross, with the green bars beginning to appear. The RSI indicator also shows an upward trend. The movement of ETH is similar to Bitcoin, and overall, it is advisable to maintain a cautious stance today.
Personal suggestions:
Bitcoin can move north around 89,000-88,000, with targets of 91,000-92,000.
ETH can move north around 2,930-2,900, with targets of 3,050-3,100.