The morning brought another wave of bullish continuation, but there was no blind entry in the early hours.
From the daily chart, Bitcoin and Ethereum closed up yesterday, with a large bullish candlestick moving upwards. The daily rebound high has still not broken through the previous rebound high, and the trend has not changed; there are just large fluctuations, deepening the rebound strength. Both Bitcoin and Ethereum are showing the same pattern.
After touching the previous high, the price comparison faced pressure and retreated, temporarily easing the rebound strength. Currently, the price comparison is undergoing a pullback correction, with a small bearish candlestick moving downwards. Since the trend has not changed, we will continue to participate around the high short strategy;
The 4-hour chart shows a bottoming rebound pattern, rising from 98,000 to 106,000, recovering nearly 8,000 points of space, which also aligns with what we previously mentioned: the deeper the pullback, the faster the rise. Whether the price comparison can turn bullish again depends on whether it can break through the resistance around 106,500; otherwise, we still need to follow the trend and continue to pull back.
We won't lead fans to explode their accounts, nor will we blindly open positions.
It's all about seeking victory steadily, advancing step by step. Those who want to profit should hop on quickly!
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