The daily chart continues its strong trend, with prices slightly retracing near the upper band of the Bollinger Bands. This can be seen as a normal technical correction after a continuous rise and does not break the overall upward trend. The three Bollinger Bands are extending upward in sync, clearly indicating that the medium-term trend is still dominated by bulls. Retracements often provide healthier support for subsequent increases.
Trading Suggestions: Bitcoin retrace to the 94,000-94,200 range to buy, target 96,500 Ethereum retrace to the 3,270-3,290 range to buy, target 3,430 $BTC $ETH #周末行情分析 #美联储降息 #BTC行情分析
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Monday Morning BTC/ETH Silk Sharing on the 19th
The daily chart continues its strong trend, with prices slightly retracing near the upper band of the Bollinger Bands. This can be seen as a normal technical correction after a continuous rise and does not break the overall upward trend. The three Bollinger Bands are extending upward in sync, clearly indicating that the medium-term trend is still dominated by bulls. Retracements often provide healthier support for subsequent increases.
Trading Suggestions:
Bitcoin retrace to the 94,000-94,200 range to buy, target 96,500
Ethereum retrace to the 3,270-3,290 range to buy, target 3,430
$BTC $ETH #周末行情分析 #美联储降息 #BTC行情分析