Today's strategy analysis has once again been validated. Although the market is ever-changing, the ability to trade well is not just talk. After experiencing two days of fluctuations and adjustments at the end of the week, the market trend is no longer dominated by bearish positions and has returned to a bullish trend. After the price hit a low of 107743 in the afternoon, the market gradually stabilized and began to rise slowly. We closely followed the strategy analysis and bought near 107836, ultimately welcoming a surge in the evening. We also exited our positions when the price reached 108961, securing a profit of 1125 points. The control of the market remains rigorous; we will never let a small setback affect our mindset. Temporary difficulties are just stepping stones to success.
The Bitcoin and Ethereum continue to move in the same pattern, with the daily chart showing signs of a rebound from the bottom. Whether it can rise again depends on whether it can stabilize above the 109 level. From the current daily chart pattern, the previous touch of the bottom has shifted from a stepwise decline to a fluctuating upward trend. The rhythm is structured in a way that each step up has a moment of hesitation. The previous two pullbacks did not break the prior low, indicating a good upward trend. However, each pullback has deepened the volatility to some extent. The thought process remains unchanged; we continue to be optimistic about Bitcoin and Ethereum rising higher. In terms of operation, we still keep buying on dips.
Bitcoin can be bought between 108500-108000, targeting around 11000; Ethereum can be bought between 2550-2530, targeting around 2620. #比特币 $BTC