Contract trading is not a casino, but a dojo for training; the ultimate winner is not the one who becomes rich by luck, but the one who can remain calm amidst wild fluctuations and uphold discipline during emotional storms. True profit is not just about the increase in account numbers, but also in the maturity of the mind and the ability to manage risk. This morning, Bitcoin surged northward, breaking through price barriers and climbing strongly from 97,000 to around 99,700. This single-sided rally had a space of nearly 3,000 points and has ignited trading in the crypto world. I wonder if friends saw Che Ge's early post; those who followed directly gained 1,500 points, and the price has currently retraced to around 99,200.
Analyzing Bitcoin's movement with one-hour technical indicators: The BOLL indicator shows the price running near the upper band, with the Bollinger Bands opening up, indicating strong bullish power and potential for further upward movement; in the KDJ indicator, K, D, and J values are all above 80 in the overbought zone, and the J line is diverging upwards, indicating dominance by the bulls and sufficient short-term upward momentum; in the MACD indicator, the DIF value is higher than the DEA value, the MACD value is positive, and the histogram is expanding above the zero axis, meaning that bullish energy continues to accumulate, strengthening the upward trend. Overall, all indicators are releasing bullish signals, and there is a high probability of continuing the upward trend in the short term, but attention should also be paid to the risk of a pullback caused by overbought conditions.
Bitcoin strategy: Buy near 98,700-99,000, target 100,500
Ethereum strategy: Buy near 1,900, target 2,000
