ZhangJingxiao
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5.15 Thursday evening Bitcoin Ethereum market analysis and trading suggestions
From the technical pattern of the 4-hour chart, the current price is testing the lower Bollinger Band support level. There has not been a significant breakout accompanied by volume during the process of touching the lower band, indicating strong buying support in the market at this position, and the effectiveness of the lower Bollinger Band support has been preliminarily validated. Observing the short-term trend on the 1-hour chart, the price is also running along the lower Bollinger Band. Although it is still hover
BTC1.09%
ETH4.73%
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5.15 Thursday afternoon Bitcoin Ethereum market analysis and trading recommendations
In the morning session, Bitcoin faced pressure and fell from the 103820 line, forming a significant technical correction trend. During the session, it exhibited a step-like oscillation downward characteristic, with Ethereum following the same trend as Bitcoin, starting the correction from the 2646 high. It dipped to a low of 2562, forming a short-term technical bottom.
From a technical analysis perspective, the price of Bitcoin has recently been consolidating between key support and resistance levels, forming
BTC1.09%
ETH4.73%
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5.15 Thursday morning Bitcoin Ethereum market analysis and trading suggestions
During the early morning trading session, the price fluctuated back and forth within a narrow range, a typical consolidation pattern that suggests the main players are waiting for clearer market signals.
From the 1-hour candlestick chart, the current market shows a clear pattern of weak fluctuations. The price has consistently been suppressed in the area near the lower band of the Bollinger Bands, with the middle band forming a resistance barrier. From a technical indicator perspective, the MACD fast and slow lines
BTC1.09%
ETH4.73%
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5.15 Thursday early morning Bitcoin Ethereum market analysis and trading suggestions
The market ebbs and flows like the tide, and each fluctuation is a brewing opportunity! Today's range-bound volatility appears calm, yet it conceals sharp edges. Remember: stay firm in the trend and dance in the fluctuations, using a calm mind to harvest every market segment; this is the highest realm of a trader. Let us continue to embrace the next breakout point with the patience of a hunter and the courage of a warrior! Today's market presents a typical range-bound fluctuation pattern. Bitcoin faced pressur
BTC1.09%
ETH4.73%
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