2.3 Tuesday Afternoon Market Analysis


Today, Bitcoin is fluctuating around the 78,000 level, showing a consolidation trend after a high-level pullback. The daily chart indicates a long lower shadow on the 1st, followed by a rebound, but it failed to break through the previous high of 79,350, indicating short-term resistance. On the 4-hour chart, both DIF and DEA are negative, and the MACD histogram is gradually shrinking, suggesting weakening bearish momentum and entering a consolidation phase.
BTC Trading Suggestion: Go long around 78,000, target 78,800-79,500, stop loss 77,200
ETH Trading Suggestion: Go long around 2,300, target 2,380-2,450, stop loss 2,240
BTC1,16%
ETH0,32%
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MakingMoneyForTheNewYearvip
· 6h ago
Stop-loss is set so high that it limits potential losses excessively, which may prevent you from effectively managing risk.
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BigYuanBabyvip
· 6h ago
New Year Wealth Explosion 🤑
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BigYuanBabyvip
· 6h ago
New Year Wealth Explosion 🤑
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