Bitcoin and Ethereum Afternoon Trading Suggestions and Future Trend Analysis: 1/12 The current market shows obvious range-bound characteristics, with prices fluctuating repeatedly between strong support and resistance at 90175.3 and 92488. Technical indicators show that the moving averages are in a bullish alignment and recent golden crosses have formed a bullish resonance, strengthening the trend signals. However, the trading volume data is insufficient, and the volume-price combination has not confirmed the trend, limiting the possibility of breaking through the range. Meanwhile, a bullish engulfing pattern appears in the candlestick formations, indicating a potential rebound opportunity in the short term, but the validity of this signal still needs to be observed. Given the current market is in a range-bound state, with prices repeatedly blocked near the strong resistance at 92488 and trading volume insufficient to support a breakout, a high sell strategy aligns with the characteristics of a ranging market. Therefore, the short-term trading suggestion for small traders is to focus on rebounds.


Bitcoin around 92500-93000 can be shorted, with targets near 91000-90500; Ethereum around 3170-3190 can be shorted, with targets near 3080-3030.
ETH0,42%
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