10.22 Tuesday Morning Bitcoin and Ethereum Trading Strategy:
From the one-hour perspective, the Bollinger Bands are in a downward channel, but they are coming to an end. The upper band is crossing below the MA30 line, while the lower band is touching the MA120 and then turning upwards, indicating that the market is once again being compressed and fluctuating. This suggests that the upper high points are being pushed down;
In the four-hour perspective, the Bollinger Bands channel is narrowing, with the upper band also pointing downwards. Currently, there is support from the MA30 and lower band. If the support is broken, it could lead to a move towards the MA60 level below. Volume is increasing below the zero line, and a death cross is forming, indicating continued opening; this suggests that there is still space below. Therefore, the recommendation for trading on the Silk Road is to focus on shorting during rebounds, and once stability is achieved at lower levels, then look for long positions.
Bitcoin: Short near 68200-67600 Target: 66800-66000
Ethereum: Short near 2700-2670 Target: 2610-2550#BTC☀ #ETH🔥🔥🔥🔥 #美降息25个基点预期升温 #BTC要挑战7W大关了吗?