It's lunchtime, I'm Niu Ge. Let's talk about Bitcoin and Auntie, and see what the current market is really saying.

Auntie, the current price is around 2946, almost coinciding with the 7-day moving average. The key is the 30-day moving average above, which is firmly pressing at 3060, like a clear wall. Until the price can effectively break through this wall, the overall situation remains bearish. It may fall back to around 2930-2905, with the target around 2980-3040. But remember, this is just a rebound in the downward process, not a trend reversal.

Bitcoin, the trend is even more sluggish. The price is hovering around 87300, simultaneously suppressed by the 7-day and 30-day moving averages, and the fluctuation space is compressed very narrow, the market is obviously waiting for a direction. It may fall back to around 87000-86500, with the target around 87900-89500.

In summary, the current market is overall in a low-volume consolidation phase with no clear trend. My thinking is to lightly test for long positions near key support levels, strictly set stop losses, and enter and exit quickly. In a volatile market, do not chase highs or panic sell, only operate within understandable ranges. Patiently waiting for the market to make its own choice is the best strategy.

I am Niu Ge, trading is the art of waiting, see you in the afternoon. #巨鲸动向 #ETH走势分析