Monday morning Bitcoin and Ethereum market analysis and trading suggestions
In the new week, calibrating trading ideas is more important than any blind operations. Bitcoin has fallen from a high of 88078 to around 87402 and has entered consolidation; Ethereum has also retraced from a high of 2959 to the 2922 line, with the trend remaining in sync with Bitcoin.
From a four-hour perspective, the current structure presents an alternating pattern of consolidation, with prices continuously converging in the Bollinger middle track area, and the fluctuation range gradually narrowing, with long and short forces entering a stalemate phase. The market is at a key node for directional choice, and subsequent marginal changes in news must be closely monitored, as this may become the main catalyst to break the current balance.
In terms of operations, Bitcoin is looking to build long positions around 87300-86800, with targets at 88500-89000; if broken, it may look up to the 90000 level. Ethereum is looking to build long positions around 2920-2900, with targets at 2980-3000. #加密市场观察