$BTC 7.14 Monday Afternoon Bitcoin Ethereum Market Analysis and Operations
Those predecessors who have succeeded in the cryptocurrency circle, who has not gone through countless setbacks and confusion, yet always harbored a longing for financial freedom, gritted their teeth and persisted, waiting for the moment of harvest. Therefore, do not be afraid of temporary difficulties, do not complain about the cruelty of the market, use a positive mindset, firm belief, and relentless effort to nurture your dreams, and one day, you too can reap your own wealth feast in this land of opportunities in the cryptocurrency circle. This morning, after the market paused at the 118197 line, the bullish strength began to gradually exert itself, showing a fluctuating upward trend. During the session, there was a significant increase in volume, forming a steady step-like upward pattern, ultimately reaching a historical high of 122814. Ethereum's trend remained synchronized with Bitcoin, strongly rebounding after receiving support at the 2930 low in the morning, peaking at 3066. Xiaoge accurately predicted this bullish market this morning and successfully seized the market opportunity. In terms of specific operations: a long position was established at the Bitcoin 118400 position, profit was realized at 119800, gaining 1400 points; a long position in Ethereum was entered at 2955, with a stop profit at 3005, gaining 50 points; then, again entering a long position in Bitcoin at 119850, closing at 121900, achieving a space of 2050 points. From the current market trend, last week's market displayed a step-like upward trend under sustained volume, with daily lines continuously closing with solid bullish candlesticks, continuously breaking historical resistance levels to create new highs. After two days of technical consolidation and capital turnover over the weekend, the market successfully completed the digestion process of short-term profit-taking, and this week showed even stronger upward momentum. From the K-line structure, the current trend has formed a standard upward channel, with the upper high points continuously being refreshed, while each low point during retracements is notably higher than the previous low. This arrangement of higher highs and higher lows fully demonstrates that the market is in a healthy and orderly upward trend. Our focus is on opportunities for confirmation of pullback after a breakout, but remember not to blindly chase highs and maintain good defense.
Bitcoin: Buy near 121800-121300, short-term target 124000
Ethereum: Buy near 3010-2990, short-term target 3080
