Bitcoin's volatility is in a V-shape reversal, while Ethereum makes strong advances breaking through highs.
Waking up, Bitcoin is currently above 118000, and Ethereum has risen to a high of 3169, making it stronger in the current market.
I won't elaborate much today as I'm on a business trip. Yesterday, I mentioned that Bitcoin would pull back to the range of 115600-116100 to accumulate long positions. After the US stock market opened, it dipped to around 115700, and we entered long positions at 115800. After the US market closed, it rose to around 117600. This morning at 8 AM, the daily candle closed above 118000, and currently, we can see a steady rise breaking through 118200. The resistance above is at 118700, and once it breaks, the bullish trend will continue.
Yesterday's long positions are still held with a target point in view. $BTC #BTC再创新高