The market has fluctuated twice around 100,000, breaking the four-hour level. The decline is due to the US government experiencing a record-breaking shutdown and poor liquidity, lacking positive news to drive the market. Next, we wait for the US government to resume operations, which should be a bullish signal for Bitcoin. Intraday strategy: Bitcoin can still be long on dips around 101,000-100,000, so manage your positions carefully. If the four-hour closing price can break above 102,800 today, consider adding 1% to your position. The market is likely to continue a four-hour rebound, targeting around 104,500.
BTC trading strategy: Go long around 101,000-100,000, target around 104,500.
ETH trading strategy: Go long around 3,320-3,280, target around 3,500.
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.
The market has fluctuated twice around 100,000, breaking the four-hour level. The decline is due to the US government experiencing a record-breaking shutdown and poor liquidity, lacking positive news to drive the market. Next, we wait for the US government to resume operations, which should be a bullish signal for Bitcoin. Intraday strategy: Bitcoin can still be long on dips around 101,000-100,000, so manage your positions carefully. If the four-hour closing price can break above 102,800 today, consider adding 1% to your position. The market is likely to continue a four-hour rebound, targeting around 104,500.
BTC trading strategy: Go long around 101,000-100,000, target around 104,500.
ETH trading strategy: Go long around 3,320-3,280, target around 3,500.