Reviewing the layout of Bitcoin in the morning, it slightly dipped to 116482 before rebounding, rising to 118585 before noon, breaking through 119000 during lunch, fully opening up the bullish space. When it retraced to the entry point in the morning, Zhuowei promptly shared the layout, and his team arranged for students to place two long positions on Bitcoin, capturing 2849 points; Ethereum also gained 84 points, maximizing profits. Friends who missed out need to reflect on the missed opportunities.
From a technical perspective, Bitcoin is operating near the upper Bollinger Band, and the K-line has broken through the upper band, causing the upper and middle bands to expand, indicating strong bullish momentum; Ethereum is showing a one-sided bullish trend, briefly pausing for energy accumulation, with the bullish pattern unchanged. In the afternoon, the main strategy remains to buy on retracements.
Monday afternoon operation suggestions:
Bitcoin: Buy in the range of 119200-118700, target 120500, stop loss 118000.
Ethereum: Buy in the range of 3770-3750, target 3900, stop loss 3700.