Recently, the Bitcoin market has shown a volatile adjustment trend, and investors are closely following the market direction. Analyzing from the four-hour level, although there have been two consecutive downward days, the short positions are insufficient to drive a significant price drop. Currently, both bulls and bears are still in a game of chess, and the market is in a stage of adjustment where time is being exchanged for space.



The hourly level shows a three consecutive bearish trend, but has not yet broken through the oscillation range. The market's volatility space is relatively narrow, and neither the bulls nor the bears have achieved a substantial breakthrough. In this case, investors can pay attention to the touching and breakthrough signals of the highs and lows, adopting a strategy of selling high and buying low.

For Bitcoin, there may be a buying opportunity around $106,000-$106,300, with a target price to watch at $107,500. Regarding Ethereum, a buying opportunity may appear near $3,830, with a target price to watch at $3,930.

However, investors should be aware that the cryptocurrency market carries high risks and prices are highly volatile. Before making investment decisions, it is essential to conduct thorough research and risk assessment. Moreover, market conditions can change rapidly, and investors need to constantly adjust their strategies to respond to potential emergencies.
BTC0.1%
ETH0.23%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
OldLeekNewSicklevip
· 8h ago
It's the same old trick of playing people for suckers again, I've seen it many times.
View OriginalReply0
StableGeniusDegenvip
· 8h ago
Bullish, just do it.
View OriginalReply0
shadowy_supercodervip
· 8h ago
Still looking for the opportunity to buy the dip.
View OriginalReply0
ForeverBuyingDipsvip
· 8h ago
When can it rise and get stuck?
View OriginalReply0
GateUser-e51e87c7vip
· 8h ago
Does anyone really care about these numbers?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)