Sunday Market Update:
Yesterday I told my brothers to buy the dip on Ethereum, and the price shot up to 1853 before hitting the brakes; now it's pulled back to around 1800 for a breather. Bitcoin has been even more sluggish, hovering around 94000 all day, but we've been calling for a buy the dip strategy, and this morning it finally showed some respect and surged to 95280. Weekend markets are just like this; although they move slowly, what needs to come will eventually come. This afternoon, we will continue with the buy the dip approach. For those who are anxious, you can take a small position to test the waters; for those who prefer a safer strategy, waiting for a pullback to jump in isn't too late either.
Looking at the daily chart for Bitcoin, the price is stuck near the resistance line, and breaking through is a bit challenging. On the four-hour chart, the Bollinger Bands are still moving flat to the right, indicating that the next couple of days are likely to be in a consolidation phase. In the hourly timeframe, bulls and bears are still in a tug-of-war, but the support level is quite strong, and we can likely see a bounce later. Ethereum is moving in sync with Bitcoin, so a correlated strategy works well.
Personal suggestions are for reference only.
The market never lacks opportunities for success; what it lacks is someone to help you seize those opportunities. With precise strategic analysis, let my brothers experience the joy of success! Get ready for the next big trade; for those who want to feast 🎂, quickly follow along with Yong Ge and charge ahead!
Pay attention to: OM SUI SOL FUN BTC
