Bitcoin makes a strong comeback, returning to the 110,000 mark. The breakthrough trend is also as imagined. Currently, there is a certain amount of pullback space, which is a normal phenomenon. After significant fluctuations in the market, a pullback is needed to settle and gather strength. Our previous strategy has been perfectly validated. Early in the morning, Lao Zhu mentioned that as long as Bitcoin breaks through that key point and forms a strong holding pressure point, the Bitcoin market will undoubtedly surge ahead with great momentum.
Currently, Bitcoin's trend has gradually evolved from an hourly level to a daily level, forming a strong and abrupt bullish candle on the daily chart. From the four-hour level, the candlestick has already far surpassed the upper Bollinger Band, becoming the leader. From the hourly level, the three Bollinger Bands are rising, proving that the upward trend remains. We are currently in a stage of settling and gathering strength. Our morning strategy remains unchanged.
Bitcoin around 109,500 target 111,500
Ethereum around 2,620 target 2,750
