1.27 Morning BTC/ETH Latest Analysis



From the current market situation, Bitcoin recently gained support at 86,000 at the bottom and has been rising to around 88,000. During the US stock market open, it experienced a surge followed by a pullback. It is now mainly consolidating around 87,800.

From the 4-hour chart, the Bollinger Bands are opening with a downward trend. The KDJ indicator has formed a golden cross and is extending upward. The MACD is above the zero line with increasing bullish momentum. In terms of operation, the main strategy is to buy on dips!

BTC: Buy around 87,300-86,800, aiming for 88,800-90,500

ETH: Buy around 2,880-2,830, aiming for 2,960-3,020
BTC-0,36%
ETH1,24%
View Original
post-image
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
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)