Friday, Morning Suggestions

Good traders must have very strong self-control, and regardless of how the market evolves, even if there are occasional losses, they will not be at a loss for what to do.

Currently, from the 4-hour chart of Bitcoin, the market has shown a significant bullish rise, as if a long bullish candle suddenly appeared, pulling the price up dramatically. This is clearly a sign that the bulls are gaining the upper hand. Even though the previous candlestick had a lower shadow, it was later completely covered by the long bullish candle, indicating that the bulls are particularly determined.

On the 1-hour level, the overall running channel continues to develop with an upward opening, with bullish volume expanding, and the decline of the bearish candle has been successfully engulfed. Subsequent operations should continue to focus on participating in low buying!

On Friday, morning suggestion is to go long at 98000-97500, with a target of 99000-99500.