#BTC #ETH The white plate continues to show slight fluctuations, with both long and short positions not providing much room. However, Lao Hu is also taking advantage of the gaps, with the long positions in Bitcoin and Ethereum achieving gains of 458 points and 49 points respectively.
Overall, the current retracement momentum appears weak. After a significant price increase, there hasn't been a corresponding retracement space, and instead, it shows a high-level sideways consolidation, stabilizing above the 110000 line. This signal fully demonstrates the strong buying power in the market and indicates that the upward space has not been exhausted. The evening trend is expected to continue the upward rhythm, likely breaking through previous highs again. The strategy remains unchanged: buy on dips.
Operation suggestions
Buy Bitcoin in the range of 110500—111000, target around 112500
Buy Ethereum around 2760, target 2850