On $BTC , the morning cryptocurrency price began to decline from 119230 to around 117712, showing signs of a rebound and fluctuation rhythm. In the morning, Yang Jie’s team successfully identified the entry point for Bitcoin long positions at 117849 during the range fluctuation, exiting at 118500 to capture a profit of 650 points. Market laws, after many twists and turns, cycle and replace, internal cultivation, external practice, the road is long and distant. Doubt can filter risks but can also miss opportunities; to seize opportunities, one must be brave enough to try.
From the current market perspective, the market momentum is strong. After a previous bottoming out, it quickly stabilized, with prices strongly recovering lost ground, and the bulls are dominating. Subsequent pullbacks are normal corrections during an uptrend, aimed at digesting profit-taking and repairing technical indicators to build momentum for the market. Currently, the market is 'not falling when it should', having not shown inertia after hitting a bottom, but rather frequently rebounding upward. This abnormal performance indicates that upward momentum continues to accumulate, increasing the chances of a breakout. Based on this, investors should closely monitor the price stabilization situation, which is key to determining market direction. In terms of operations, the focus should be on placing long positions during pullback opportunities.
On Thursday afternoon, it is recommended to go long in the range of 118000-117500 with a target of 120000.
On Thursday afternoon, for Ethereum, it is suggested to go long near 3330-3300 with a target of 3450#币安HODLer空投ERA #山寨季何时到来? #比特币巨鲸动向 #美国加密周 #币安钱包TGE .