Reviewing yesterday's midday bullish outlook has been effectively validated. Although there was an unexpected pullback in the evening (with a low of $104,100), the market quickly rebounded to a high of $107,200, consistent with the "highs and lows" oscillating trading strategy. The current long position strategy has already realized over 3,000 points of space. Students in the group who followed along have profited, while those who haven't yet tasted the rewards should pay attention to Qianwu's real-time updated strategies as a reference.
From the current market perspective, the daily level is experiencing a pause and correction at a high position. Yesterday's small bearish K-line closed with a long lower shadow, and today's morning session saw a medium bullish line with partial correction at a high position. Currently, the daily pace has slightly slowed down, entering a space for adjustment once again. However, the adjustment space is still insufficient to change the current bullish trend. Keep an eye on the market's stabilization before further movements. The four-hour Bollinger Bands are starting to contract, following a wave of consecutive bearish retreats, stopping from the high of around 107,000 to the early morning low of 105,156. The 4-hour chart is experiencing wide fluctuations within the range from the upper band to the lower band. The early morning pullback and today's morning session entered oscillation and recovery again. This rhythm is a common adjustment pattern in the local small cycle, not necessarily a trend change, just a typical adjustment wave, with the main direction still bullish.
Trading Suggestions
Bitcoin 106,000-106,300 area, target 108,000
Altcoin 2,500-2,540 area, target 26,005,464,591,248,110,613,396,557,320,057,277,724