At midnight yesterday, the Bitcoin market slightly retreated to the low point of 102940 before starting to rebound. This morning, a strong surge pushed the price to a maximum of around 105000. Ethereum maintained an upward trend, with the market reaching a high of around 2603 before facing pressure and retreating, currently running around 2540. Brother Sheng provided a bullish outlook at midnight, and the market performed as expected. The accurately planned Bitcoin long position was entered around 103407, and exited near 104846, gaining 1400 points. Similarly, the Ethereum long position was entered around 2474 and exited around 2593, gaining 119 points. Under Brother Sheng's guidance, students navigated the sea of wealth, progressing steadily with precise layouts, and following Brother Sheng's steps will surely turn dreams into reality.
From the current market perspective, the four-hour level shows that after a long period of consolidation, there has been a strong upward move. The price is pulling back after refreshing recent highs, and although there is some resistance above, the middle band of the Bollinger Bands is continuously rising, and the KDJ indicator's three lines have formed a golden cross. Thus, the overall trend still adheres to a bullish run. From the one-hour level, the market experienced a large bullish stretch followed by two consecutive bearish candles. It's clear that the bearish candles have long lower shadows, indicating strong support below. The current downward movement is just a normal technical pullback. Therefore, in our operations from morning to noon, we should maintain a strategy of buying on the dips after the pullback.
Buy Bitcoin near 104000, with a target of 105500.
Buy Ethereum near 2530, with a target of 2600.
