Bitcoin and Ethereum Trading Recommendations and Future Trend Analysis (2/3)

Bitcoin and Ethereum Trading Recommendations and Future Trend Analysis (2/3): The current market is in a range-bound state, with neither technical indicators nor external factors providing a clear trend direction. Technically, although the moving average system shows a bullish alignment and short-term momentum is strengthening, trading volume is extremely low, only 0.0% of the 10-period average, indicating low market participation and a lack of volume support for price increases. Furthermore, the candlestick pattern shows a bearish engulfing pattern, further increasing the possibility of a short-term pullback. Meanwhile, the Bollinger Bands (BOLL) indicator shows normal market volatility, with the price near the middle band, indicating balanced sentiment and failing to provide a clear trend signal. Given the current range-bound market and the price approaching the strong resistance zone of 79360 USDT, coupled with extremely low trading volume and the appearance of a bearish engulfing pattern, the price may face downward pressure in the short term. Therefore, shorting near the strong resistance level is a reasonable choice in line with the current market situation. Therefore, the subsequent trading strategy is to focus on rebounds. For Bitcoin, consider buying around 79,500-80,000, with a target of 77,500-77,000. For Bitcoin, consider buying around 2,390-2,420, with a target of 2,300-2,280.