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1.5 Daily Midday Bitcoin and Ethereum Trading Suggestions and Direction Sharing
Every fluctuation is teaching you that true stability comes from inner calmness. Not chasing gains or cutting losses impulsively, not following the crowd, allows you to see the direction clearly amid the tides. The morning bullish outlook has been validated again. Bitcoin rebounded from around 91170 to a high near 93380, creating a range of over 2000 points. After providing the morning strategy, those who followed with real trades are steadily gaining.
From the current market perspective, on the 4-hour chart, Bitcoin is still in a two-day bullish stretch. It has broken through the middle band resistance of the Bollinger Bands, with continuous release of trading momentum. On the 1-hour chart, Bitcoin shows significant stretching, reaching a high of 93382. Overall, it presents a strong breakout trend. The Bollinger Bands' upper band is expanding, indicating strong rebound momentum. The trend may continue in the short term, with moving averages aligned bullishly, providing effective support. Higher highs and higher lows are gradually forming, and pullbacks are seen as buying opportunities. Therefore, Zhao’s midday trading advice remains to focus on buying on dips.
During midday, buy near 92800 to 92300 for Bitcoin, watch for 94500.
For Ethereum, buy near 3190 to 3160, watch for 3260.