Gu Jingci: 2.20 Bitcoin/Ethereum Evening and Midnight Trading Strategies with Market Analysis

Bitcoin/Ethereum during the Spring Festival period shows a clear overall range. These days, the market has been consolidating sideways, and in fact, such consolidation makes it easier to break through. As long as you have patience, you can reap rewards. Unless the market remains in a back-and-forth state, fearing drops when going long, and fearing rises when going short. On the daily chart, the K-line pattern for Bitcoin shows that the 4-hour cycle recently displayed a rebound followed by a pullback, forming a series of bearish candles with long lower shadows, indicating some buying support below. However, the overall trend remains volatile, and the trend is not yet clear.

On the daily chart, the price has been continuously declining since early February, forming a downtrend. The last three daily candles are all bearish, with strong support around 1900 to 1920 and 65,000. Technical indicators show that the 4-hour MACD is operating below the zero line, with DIF and DEA lines both downward, and the MACD histogram is negative, indicating a bearish trend. However, the MACD histogram shows signs of narrowing, with the DIF line slightly upward, suggesting that the bearish momentum is weakening, which may indicate a short-term rebound.

Evening and midnight trading suggestions: Buy near 66,500 to 67,000 for Bitcoin, targeting 69,000 to 70,000; buy near 1930 to 1950 for Ethereum, targeting 2020 to 2050.

Daily analysis and strategies have a relatively high success rate. They are for reference only. Please manage your own risks. The article is not guaranteed to be timely after review and publication; please refer to real-time data! #Gate广场发帖领五万美金红包 #何时是最佳入场时机 #SOL一枝独秀