Bitcoin is steadily operating in a fluctuating upward channel, after experiencing a minor pullback upon reaching the vicinity of 95,000. Yesterday, we emphasized that the pullback structure was complete, and we went long. The liquidity gathered in the range of 95,500-96,000 will likely be digested by the market.
Yesterday, we decisively went long in the 94,000-93,500 range, with the intraday high approaching 95,500, easily gaining 1,500-2,000 points. Capturing the 4-hour wave rhythm, a 2,000-point movement has become the norm; of course, knowing when to take profits is the key!
Even if the current price pulls back, I still maintain ample patience, waiting for the volume-price relationship to give a clear signal. Based on the current trend, Bitcoin is very likely to break through 95,500, aiming for above 96,000, and only after clearing over 1 billion in short liquidity will it turn down.
Ethereum positioned long orders yesterday in the 1,780-1,750 range, with a maximum rebound to 1,811. Seizing opportunities can also yield profits!
Follow my path to wealth without getting lost.