Bitcoin surges 6%! Seize the pullback opportunity, the bulls' celebration continues!
Friends, Bitcoin has taken off again! Yesterday, we accurately indicated the entry point of 110,200-110,580, and it skyrocketed today to around 118,400, with a single-day increase of up to 6%! Even if you only used 2% of your position, your profits easily exceeded 10% of your principal. Isn’t this operation appealing?
How do we view the current market?
Both Bitcoin and Ethereum are strongly rising, and market sentiment is hot! Although today is Friday, and intraday volatility may increase, from the market perspective, the bulls still dominate. Bitcoin may pull back to the 116,400-116,900 range in the short term, but this is precisely the opportunity for bullish friends to get in! Remember, don’t be greedy with stop-losses; setting it at 700-800 USD is enough. Protecting profits is the key!
Will Ethereum follow?
Ethereum's current trend is somewhat unclear, but given Bitcoin's strength, it is likely to follow suit. In the short term, pay attention to the support range of 2940-2880. If your position is not heavy, you can hold patiently; however, if your short position is stuck, it is advisable to cut losses in time during the pullback to avoid liquidation risk!
Can we still play with altcoins?
The answer is clear—wait and see! The market hasn’t finished its movements yet; it’s better to miss an opportunity than to get stuck. The market goes through cycles; when the bears come, we will layout short positions together, but now is not the time!
The overall trend still looks bullish!
From a broader cycle perspective, Bitcoin's rise is far from over. Although we don’t know how high it can go, pullbacks are opportunities! If the trend continues, the bears will only be dragged to despair, while we just need to hold calmly and let the profits run!
Summary:
1️⃣ Short-term Bitcoin looks for a pullback, 116,400-116,900 can be a low buy
2️⃣ Pay attention to Ethereum’s support at 2940-2880, and short positions should watch for stop-losses
3️⃣ Do not participate in altcoins for now; wait for clearer signals
4️⃣ The overall trend continues to look bullish, don’t get off the bus easily!
The market is still ongoing; follow me to seize the next opportunity together! 🚀 Remember, in a bull market, don’t guess the top; going with the trend makes you the winner! 💰
