Zhao Youdao: 1.2 Bitcoin Ethereum Morning Strategy

In the past two days, after hitting a bottom of 915,000 and Ethereum reaching 3,300, a rebound has begun. Youdao has also been suggesting a mainly bullish approach during these days. On the daily chart, it is still consolidating above 92,000, and on the hourly chart, it has touched the bottom and is in a slow rising phase, with upper pressure at 96,000 and Ethereum at 3,450. Therefore, Youdao suggests the following operations:

Bitcoin: Buy around 93,500, hold at 92,500, target 95,500.

Ethereum: Yesterday's suggestion was to go long at 3,320, and the current position is at 3,360. It is recommended to go short at high points, and to buy when it pulls back to 3,330. #Bitcoin #Ethereum