Over the weekend, the Bitcoin market faced pressure after reaching a high of 95,280 in the morning, and then it declined to a low of 93,586 before stopping. The Ethereum market moved in sync with Bitcoin, with prices peaking at a high of 1,857 in the morning before retreating to a low of 1,790. Brother Sheng's bullish strategy given at midnight was realized as expected; the Bitcoin and Ethereum long positions laid out in the early hours were precisely timed. The Bitcoin long position was entered near 94,043 and exited near 95,090, securing a 1,000-point gain. The Ethereum long position was entered around 1,798 and exited near 1,852, capturing a 54-point gain. Some say that success is selfish, but Brother Sheng believes that true success is being able to inspire others to move forward together, creating a better future. Brother Sheng also understands that achievements belong to the past, and more effort is needed for the future. He continues to uphold his original intention, providing more accurate and efficient guidance and assistance to his students.
According to the current market display, the four-hour level shows that after a wave of pullback, the market is running close to the middle band of the Bollinger Bands. Due to strong support below, this pullback lacks continuity. Currently, the price is in a stabilization posture after the pullback, indicating that the pullback is merely a corrective action in the rising process. From the one-hour level, the market began to rebound after a continuous decline to the lower band of the Bollinger Bands. The KDJ and RSI indicators show signs of upward turning on all three lines, indicating that the bearish trend has not suppressed the bullish trend in the short term, and the price has not shown sustained weakness. Therefore, in the afternoon, we maintain a low long strategy after the pullback.
Bitcoin can be bought around 93,500 with a target of 95,500.
Ethereum can be bought around 1,780 with a target of 1,850.
