Bitcoin and Ethereum White Paper Operation Suggestions and Future Trend Analysis: 2/13 The current market shows a range-bound fluctuation pattern, with both technical indicators and external factors pointing to a lack of a clear trend in the short term. Technical analysis indicates that although the short-term hammer candlestick pattern and the bullish resonance with short-term moving averages may trigger a rebound, the extremely narrow trading volume severely limits the sustainability of price movements. Additionally, the widening of the Bollinger Bands suggests that market volatility may increase, but since trend indicators show a bearish alignment, the price direction remains uncertain. Given that the market is currently in a range-bound state and the price is approaching the strong resistance zone at 68,300, combined with the extremely diminished trading volume limiting the continuation of upward breakthroughs, adopting a strategy of shorting near resistance levels is a prudent choice. Therefore, subsequent operations should focus on rebounds, with short positions around 67,000-67,500 for Bitcoin, targeting 65,500-65,000, and around 2,000-2,030 for Ethereum, targeting 1,900-1,850.
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Bitcoin and Ethereum White Paper Operation Suggestions and Future Trend Analysis: 2/13 The current market shows a range-bound fluctuation pattern, with both technical indicators and external factors pointing to a lack of a clear trend in the short term. Technical analysis indicates that although the short-term hammer candlestick pattern and the bullish resonance with short-term moving averages may trigger a rebound, the extremely narrow trading volume severely limits the sustainability of price movements. Additionally, the widening of the Bollinger Bands suggests that market volatility may increase, but since trend indicators show a bearish alignment, the price direction remains uncertain. Given that the market is currently in a range-bound state and the price is approaching the strong resistance zone at 68,300, combined with the extremely diminished trading volume limiting the continuation of upward breakthroughs, adopting a strategy of shorting near resistance levels is a prudent choice. Therefore, subsequent operations should focus on rebounds, with short positions around 67,000-67,500 for Bitcoin, targeting 65,500-65,000, and around 2,000-2,030 for Ethereum, targeting 1,900-1,850.