In the evening, following the strong opening of the US stock market, the price ratio experienced a strong bullish surge. The price stabilized around 94,000 and continued to rise, reaching a peak of 95,700. Our bullish outlook for the evening was validated as the long position at 94,000 was closed for a profit. In total, we executed three long positions on Bitcoin, gaining nearly 3,000 points, while Ethereum yielded a profit of over 60 points from two positions. Currently, the price ratio remains around 95,100.
From the current trend, it seems the bulls still have some strength left. However, the market is ever-changing, and we should not become complacent due to short-term profits. Moving forward, it is crucial to closely monitor the key level of 95,500. If it can be effectively broken, it is likely to head towards higher price levels, possibly reaching 96,000 or even higher. However, if strong resistance is encountered here, a pullback is also quite possible. Investors need to adjust their strategies in a timely manner, weighing the decision to continue holding long positions or to take partial profits with caution. In the early morning, we still favor going long after a pullback. #比特币市值排名 $BTC
Bitcoin Strategy: Long near 94,800-94,500, target 96,500