The early morning market has once again completed its cycle, and the strategy we provided to first look for a rebound before shorting has been accurately executed; Bitcoin rebounded to a high of 94871 in the early morning, with a low of 93814. This bearish trend has provided ample space with a thousand-point range, and we have seized 864 points from it; this is how trading is done. Before the market truly moves, one must not enter blindly. Look for the right timing and identify the right levels to short high, thereby infinitely expanding our profits, allowing us to remain invincible. Did everyone participate in this early morning fluctuation based on my strategy?
Bitcoin has exhibited a wave of bottoming rebound fluctuations, with a small bullish candlestick pulling up on the daily chart, forming a certain lower shadow. From the daily chart, it can also be seen that the previously mentioned low of 92700 has not been touched, but has instead rebounded early. Currently, the price has shown a commendable rebound strength. Considering the previous patterns, the daily chart may continue this rebound strength, with the daily chart showing oscillation and upward correction, and a subsequent drop to close lower. The daily line is about to close, and we are watching to see if 95000 can convert into support, with the price continuing to recover upwards. From the 4-hour chart, both Bitcoin and Ethereum have shown two large bullish candlesticks rebounding upwards, and the price below is gradually stabilizing. Our morning strategy looks for a continuation of bullish rebounds, with operations looking for another buying opportunity on a pullback.
In the early morning, Bitcoin can be bought in the range of 94800-94300, with a target around 96000; Ethereum can be bought in the range of 1820-1790, with a target around 1900. #加密市场回调 $BTC