Bitcoin surges 6%! Is the pullback an opportunity to get in? Latest market analysis
Bitcoin precisely initiated from the range of 110,580-110,200 yesterday, soaring 6% in one day to around 118,400! Friends who followed the strategy could easily achieve a 10% return even with a 2% position. Currently, the market is strongly bullish, but it might pull back to the range of 116,900-116,400 during the day—this is the golden position for bulls to re-enter, with a stop-loss suggestion set at $800 for defense.
Ethereum is also rising but the direction is unclear; it is essential to closely monitor Bitcoin's movements. The long-term upward trend remains unchanged, with short-term pullbacks being merely technical corrections, after which it is expected to reach new highs. It is advised to set stop-losses for trapped short positions in the range of 2,940-2,880 to avoid liquidation risks;
Avoid chasing altcoins at high prices; it’s better to miss out than to catch the falling knife!
Remember: A pullback in a bull market is a gift, but strict discipline must be maintained. Follow me, and I will guide you to precise targets when the bears counterattack! #BTC再创新高 #ETH突破3000 #趋势交易策略