Market conditions fluctuate, but your growth curve always moves upward. Every market baptism is an opportunity for transformation. Don’t just focus on the ups and downs of the K-line, but see the evolution of your mindset. True strong individuals cultivate patience during market crashes and maintain clarity during surges. In the early hours of yesterday, there wasn't much change in Bitcoin! The Federal Reserve meeting interest rate remains unchanged, as I expected, which aligns with expectations. Therefore, the market impact is relatively small, but there was still a slight drop in the evening, followed by stabilization and a rebound near 100,350. So far, it has rebounded nearly 1,300 points. We remained bullish in the early hours; your long position was at 100,380, and you took profit at 100,580. This wave has already gained over 1,000 points. Friends who executed my early strategy should be reaping the rewards. Currently, the price is around 104,800.
From the current market perspective, there is still strong support at the position of 100,350. Every time it drops to this position, there is a rebound proving that this is our short-term support level. This is why I strategized to short at 100,380, as I was worried everyone would miss the opportunity to catch the bottom. Additionally, from the hourly chart, there is a continuous upward trend, with bullish momentum persisting. The price is operating between the middle and upper Bollinger Bands, with bullish candles continually rising. Therefore, we are still optimistic about the continued release of bullish momentum this morning.
Bitcoin strategy: Buy near 104,500, target 105,800
Ethereum strategy: Buy near 2,515, target 2,585
