Current Market Analysis and Trading Strategy:
From the current short-term four-hour market perspective, after a rise and fall, there has not been a continuous decline with bearish candles, but rather a trend of gradually rising low points after a pullback. The market has repeatedly stabilized around the key level of 103000, which undoubtedly reflects the strong control of the bulls over the situation. The current repeated fluctuations are, in fact, a normal manifestation of market correction and consolidation.
As the market gradually builds a new support platform and accumulates enough energy in the process, a new round of upward trends is expected to arrive soon. According to the principle that corrections will not break previous lows again, combined with the previous low points, bullish strategies can be considered as the first choice in the short term. At that time, those who follow will receive real-time guidance on the market trends to accurately grasp the timing for entry.
Evening trading advice is still to buy on pullbacks:
Bitcoin: Buy in the range of 103500-104000, target at 106000
Ethereum: Buy in the range of 2480-2510, target at 2630
Investors are advised that the above suggestions are for reference only, and specific trading decisions should be made based on individual risk tolerance and the actual market situation. During the trading process, it is essential to remain calm, follow the stop-loss principle, and avoid blindly following the crowd. #MichaelSaylor暗示增持BTC #币安Alpha上新 #BTC重返10万 #本周高光时刻 #BTC交易