$BTC This week's market comes to a close; let's have a simple recap:
Bitcoin surged to a new high of 123218 at the beginning of the week, then fell back to 115736 on Tuesday before entering wide-range oscillation; Ethereum stabilized above 3000 points and soared strongly, peaking at 3727, with a nearly 800-point increase in a single week, performing quite impressively. We adhered to a low long strategy throughout, actively participating in the layout of both Bitcoin and Ethereum. The small fluctuations at the end of the week did not affect the overall rhythm, resulting in substantial gains.
Haven't reached your goals yet? Stop operating blindly! Keep up with Yang Jie’s team rhythm, and we will guide you to steadily earn back your profits. Check out the results of the team’s layout this week:
- Monday: Bitcoin long 3, Ethereum long 1, totaling 4286 points;
- Tuesday: Bitcoin short 3, Ethereum short 2, totaling 4215 points;
- Wednesday: Bitcoin long 2 short 1, Ethereum long 1, totaling 4206 points;
- Thursday: Bitcoin long 4, Ethereum long 2, totaling 4805 points;
- Friday: Bitcoin long 2 short 1, Ethereum long 3 short 1, totaling 4655 points;
- Saturday: Bitcoin long 1 short 1, Ethereum long 1, totaling 1659 points;
- Sunday: Bitcoin long 1, Ethereum long 3, totaling 767 points.
Brothers, is it really that difficult to change positions? You may not worship the gods, but you must believe in the power of trends; it's that simple! In the cryptocurrency circle, we don't look at bearish promises, only recognize real profits. Friends without ideas, following me is definitely the right choice; I update market conditions and strategies online in real-time every day. If you're not confident in your own operations, just follow the rhythm.
Looking again at the overall trend of mainstream cryptocurrencies:
Bitcoin's monthly chart maintains an upward trend, with a consistent four consecutive positive candles. Although this month's K-line has a certain upper shadow, it is a normal pullback after a rise, allowing for subsequent momentum accumulation. Bullish volume continues to be released, and after stabilizing, it is expected to continue rising; the weekly chart shows a high-retracement pattern, with a long upper shadow, but limited downside space. It is in a state of wide-range oscillation, consistent with the previous judgment of 'alternating between staircase rises and oscillating rises.' After the oscillation correction is completed, it is expected to continue rising next week, maintaining a bullish outlook, targeting new highs.
Ethereum's monthly chart shows a stronger performance, recording a solid bullish candlestick. The bullish power is absolutely dominant, with almost no counterattack space for the bears. It is currently only 300 points away from recovering the 4000-point mark; according to this trend, recovering and rising is just a matter of time.
As the leader of altcoins, although it previously approached the 1000-point mark, it stabilized and rebounded, once again proving its resilience. It is recommended to exercise more patience, as it is expected to strengthen alongside mainstream cryptocurrencies.
Overall, mainstream cryptocurrencies are trending positively. After some fluctuations and corrections, Bitcoin and Ethereum are expected to jointly initiate a new round of upward momentum. Finally, I wish everyone smooth trading and a bulging wallet!
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