Friday Daytime Bitcoin and Ethereum Strategy

Bitcoin from the four-hour cycle perspective shows a pattern of two bullish candles engulfing one bearish candle, forming an initial uptrend structure in the short term. However, the bullish candle bodies are generally small, with clearly insufficient strength in bullish attacks. Upward momentum has shown signs of decay, representing a weak rebound rather than a trend reversal.

From the indicator level, the Bollinger Bands three-line continues to narrow with no opening expansion signal yet. Combined with the market characteristic of repeated tug-of-war between bulls and bears, the current stage is in a low-volume accumulation phase, lacking the momentum to break through the range constraint. Short term will likely maintain a narrow range consolidation pattern. In terms of auxiliary indicators, MACD red columns are shrinking in volume, RSI indicator hovers in the neutral zone, OBV volume indicator shows no obvious increase in volume, with bears still dominating this stage.

Trading Strategy
Bitcoin ranging between 71,600-72,200, target 70,500, further downside 68,800
Ethereum ranging between 2,130-2,150, target 2,080, further downside 2,020
#Gate广场AI测评官 #Gate2月衍生品市场份额创新高 #加密市场上涨 #PI #BTC