The market in the early morning once again validates our bullish strategy. Although the pullback was greater than expected, it was still within reason. During the early morning period, Bitcoin briefly dipped to the 103300 area, then rebounded strongly and broke through the 105000 mark. It is currently slightly retracing and consolidating around 104800. Ethereum developed in sync, with a minimum pullback to 2465, then surged above 2500, reaching a high of 2536, and is now also in a consolidation phase. In the early morning, I entered Bitcoin at 103765, waiting to exit at 105027, capturing a space of 1262 points. Ethereum progressed simultaneously, entering at 2479 and exiting at 2531, successfully gaining 50 points. In this wave of momentum, if you closely follow my direct strategy, you could at least grasp a profit of a thousand points. Opportunities are always present; execution is the core.
From the current trend, the hourly chart shows a continuous series of bullish candles, forming a V-shaped reversal pattern. The current price is stabilizing above 104500, with short-term targets still pointing towards 105500 and 106000, but one should be aware of possible short-term pullbacks and accumulation behavior near 10500. For Ethereum, the hourly chart previously showed continuous volume increase, with 2450 as a solid support. The pattern indicates a phase of consolidation after a strong rebound, with running channels tending to be parallel, and the overall range oscillation pattern remains unchanged.
Bitcoin buy at 104300-104000, target around 105500; Ethereum buy at 2510-2500, target around 2550.