The best market conditions are not in the charts, but in your state of continuous learning. The ultimate winners in investing are always those wise individuals who turn every fluctuation into nourishment. In the early morning, after Bitcoin dropped below 100,400, it further tested 100,380 in the market, but ultimately did not fall below that. The support below was also timely, which is why we advised everyone to go long at the 100,400 position; there is a reason for that. For those who timely adjusted their strategies, our long position has nearly 600 points of profit potential. Currently, the price is around 104,700.
From the current trend, Bitcoin has clearly stabilized again at the 100,380 position in the early morning, and the support below is still quite strong. Therefore, there is a reason why we shifted to a bullish outlook in the early morning. The bears have turned, and the bulls are about to gain strength; we need to act in accordance with the trend. Additionally, from the hourly chart, there is currently a trend of consecutive upward movements, and the bulls are still actively pushing. As long as we see a rise to 100,500 in the morning, we can continue to look bullish and break upward.
Bitcoin Strategy: Buy near 104,300-104,500, target 105,800
Ethereum Strategy: Buy near 2,515, target 2,585
