At 4 PM, Bitcoin $BTC 4 hourly chart shows a strong bullish candlestick, and the V-shaped reversal trend has basically digested the market fluctuations caused by Federal Reserve Chairman Powell's speech last night. The market is gradually returning to its normal operating track. This can be seen from the strong performance of 7 consecutive bullish candles on the hourly chart.
In terms of trading strategy, we continue to maintain our original judgment: hold the Ethereum $ETH (Auntie) long position at 2400 points, with both the target price and stop-loss point remaining unchanged, respectively (specific target can be omitted based on demand, example: higher target) and 2401.
Based on the current trend analysis, it is expected that the European session will see some pullback, while the US session is expected to rise again.
