Looking back at the successful strategy of entering long positions during the pullback in the early morning, we achieved our target points. Yesterday, our long positions had a winning streak, successfully gaining a lot. In the early morning, the price dropped to around the low point of 100600, then stabilized and began to rebound. Currently, the price is oscillating and correcting around 102800. Our instructor led our students to successfully capture over a thousand points with long positions. Opportunities are given to those who are prepared; what are you still hesitating about?
From the current market perspective, the four-hour chart shows that the price has broken through the lower Bollinger Band with three consecutive bearish candles, indicating strong bearish momentum. However, the MACD indicator's fast and slow lines are still operating above the 0 axis, suggesting that this round of bullish momentum is the basic trend. From the one-hour chart, the overall market trend is upwards. Although there is a slight pullback, it quickly rebounds, indicating that there is still a certain level of support below. The KDJ indicator's three lines are gradually forming a golden cross and rising. After a short-term correction, there is currently no obvious strong unilateral trend in the market, so for the current trend, we will continue to maintain a long bias. In the morning operations, we can look for a bullish rebound.
Bitcoin can be traded in the range of 101800-102500 with a target near 104000; Ethereum can be traded in the range of 2420-2470 with a target near 2550. #比特币 $BTC