How do we view Bitcoin and Ethereum's market tonight? Let's break down the details of the market.
In the early hours, the bulls gained strength, and the price once again approached the monthly MA5. From the daily chart, the three major indicators—KDJ, MACD, and BOLL—show signs of synchronized bullish divergence, and the three moving averages on the main chart are also turning upward at different degrees. Sounds good, but there's a problem— the sharp rise before 8 a.m. caused the price to outpace the moving averages, resulting in a gap. The appearance of this gap directly affected the volume connection after the bullish momentum started.
The 12-hour timeframe is similar to the daily chart, also stuck at the gap. In the short term, there may be a slight pullback, but this retracement shouldn't be very strong. The key point is: if the pullback doesn't break below the support level below, the upward momentum could continue with increased volume.
So, the evening strategy is as follows—initially treat the rebound as a shorting opportunity. Specific operational suggestions:
**Bitcoin**: Short in the 95500-96000 range, target 93500 **Ethereum**: Short around 3340-3370, target 3240
The above is my personal evening trading idea, for reference only. Actual operations should also consider your own risk tolerance.
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RamenStacker
· 5h ago
The gap is back again. Will it be filled this time? Feels like I'm about to get trapped again.
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CodeSmellHunter
· 6h ago
Gaps are really annoying; it feels like we're about to go through the same cycle again.
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NullWhisperer
· 6h ago
nah the gap thing is interesting... technically speaking, when price moves *that* fast the indicators lag—classic vulnerability in these setups. could be an edge case where it fills or doesn't. needs further review tbh
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DAOdreamer
· 6h ago
The gap seems to be a trap, the rebound pattern from 1989 is back again.
How do we view Bitcoin and Ethereum's market tonight? Let's break down the details of the market.
In the early hours, the bulls gained strength, and the price once again approached the monthly MA5. From the daily chart, the three major indicators—KDJ, MACD, and BOLL—show signs of synchronized bullish divergence, and the three moving averages on the main chart are also turning upward at different degrees. Sounds good, but there's a problem— the sharp rise before 8 a.m. caused the price to outpace the moving averages, resulting in a gap. The appearance of this gap directly affected the volume connection after the bullish momentum started.
The 12-hour timeframe is similar to the daily chart, also stuck at the gap. In the short term, there may be a slight pullback, but this retracement shouldn't be very strong. The key point is: if the pullback doesn't break below the support level below, the upward momentum could continue with increased volume.
So, the evening strategy is as follows—initially treat the rebound as a shorting opportunity. Specific operational suggestions:
**Bitcoin**: Short in the 95500-96000 range, target 93500
**Ethereum**: Short around 3340-3370, target 3240
The above is my personal evening trading idea, for reference only. Actual operations should also consider your own risk tolerance.