HodlBeliever
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Midday market observation, Bitcoin is still operating within the trading range, with the current price hovering around 104500, while Ether is trading near 2515. As expected from the morning analysis, the market is currently progressing slowly, showing a trend of oscillating downward. It is advised that investors remain patient and wait for a clearer market direction.



From a short-term structural analysis, the K-line arrangement shows a clear sideways state, and the Bollinger Bands are beginning to show signs of contraction, which usually indicates that the market will continue to oscillate downward within a small range. Observing the one-hour time frame, the price ratio has formed a wave-like structure and is operating at the midline of the range, while the MACD energy bars do not show a significant trend of positive or negative value growth; the current level reflects a calm market sentiment. Overall, Bitcoin strategies can still consider the approach of selling high and buying low.

In terms of operational advice, Bitcoin can be considered for short selling around 104900, with a target around 104100; Ether, on the other hand, can look for short selling opportunities around 2520, with a target set around 2480.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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RugpullSurvivorvip
· 6h ago
Still walking sideways, so boring.
Reply0
AirdropHarvestervip
· 7h ago
Dilly-dallying, BTC is weak.
Reply0
MetaverseHobovip
· 7h ago
The crypto world is too boring when it's sideways.
Reply0
LuckyHashValuevip
· 7h ago
Everyone is rushing to buy the dip while I'm considering to trap.
Reply0
NotSatoshivip
· 7h ago
Jumping around in the trading range again.
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