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9.12 Friday early morning Bitcoin Ethereum market analysis and trading suggestions
Your efforts may not be seen by everyone, but time will remember, and it will ultimately give you the best answer on some day in the future. The intraday market showed a fluctuating upward trend. Bitcoin started to rebound from a low of 113468 in the early session, reaching a maximum of 114419 before entering a narrow consolidation; in the evening, influenced by news, it briefly retraced to 113340 before regaining momentum, eventually peaking at 114691. As for Ethereum, the price first rose and then fell, climbing to a high of 4483, then quickly retracing to a low of 4328, but soon regained its ground and stabilized around 4420. In terms of trading strategy, we accurately predicted a bullish market in the morning. The long position for Bitcoin established at 113500 was successfully closed at 114500, gaining 1000 points; the long position for Ethereum entered at 4337 was decisively closed as the market steadily climbed to 4434, achieving a gain of 97 points. Overall, today's trading strategy was highly aligned with market trends, resulting in satisfying trading outcomes.
From the 4-hour chart perspective, the price shows a steady upward trend, continuously oscillating upward while staying close to the upper Bollinger Band. The three lines of the Bollinger Band exhibit a clear opening and upward divergence, with the middle and lower bands running upward in sync, forming a good bullish arrangement. Although the KDJ indicator has entered the overbought zone, there are no obvious signs of a reversal yet, and there is still upward momentum in the short term. The current price is operating within an ascending channel, with all moving average systems in a bullish arrangement, providing effective support to the price. The overall market is in a strong pattern, so Xiao Ge still maintains a pullback strategy in the early morning.
Bitcoin: Buy near 113900-113500 with a short-term target of 115500
Ethereum: Buy around 4395 Short-term target 44800 #SOL价格预测 #GUSD双重收益