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Mu Feng's Trend Analysis: 1.22 Evening Bitcoin/Ethereum Trading Strategy
The overall market trend this evening is slightly oscillating downward. On the 4-hour chart, the price is currently operating above the lower Bollinger Band support. In the short term, this support is effective. A rebound with increased volume could give bulls a chance to counterattack. The hourly RSI is approaching oversold levels, indicating potential for a rebound. Therefore, tonight's short-term strategy is to look for a rebound based on the lower band support, and operate by buying on dips. Specific entry points can be referenced as follows:
BTC: Buy around 88,500-88,000, target 90,000
ETH: Buy around 2,910-2,880, target 2,990
The above are personal evening trading suggestions for reference only. #Gate每10分钟送1克黄金