Midnight Bitcoin and Ethereum Trading Recommendations and Direction on the 12.8th
From the current market situation, the 4-hour level shows that the market has broken through the upper track after three consecutive bullish candles but has not stabilized, leading to downward pressure. Currently, there is a dominant bearish candle, and the market is running below the upper track, with signs of convergence in the Bollinger Bands. The three tracks show a desire to flatten, indicating that it may enter a range-bound oscillation in the short term. The MACD has not shown significant changes, and the dual lines remain below the zero axis, forming a golden cross that is developing upwards. The green energy bars continue to expand, indicating a continuation of the bullish trend in the short term. At the 1-hour level, the market has reached a high point but continues to face obstacles in breaking through. There is still upward pressure in the short term, and the market is at a critical point. Short-term oscillation and consolidation are occurring, while the medium to long-term trend remains bullish. Therefore, using the middle line of the Bollinger Bands as the dividing line for the trend, if it stabilizes above the middle line, it is bullish, but if it falls below, it may open up downward space. The second coin is in sync with the first coin, with significant interactivity, so there is no need to emphasize being bullish here. Therefore, Lao Zhao's midnight trading recommendation is to use the middle line as support to place orders above it, with a stop loss set below the middle line at the 91000 line.
For the first coin, buy around 91400 to 91000, focusing on 92500.
For the second coin, buy around 3140 to 3110, focusing on 3200#以太坊 $BTC $ETH
