Opportunities lie in change, and winners succeed through action. The market will not wait for you. The intraday volatility is still relatively large, rebounding from the low of 115865, with bullish momentum becoming increasingly strong, reaching a high of 119582. The overall trend is completely consistent with our given ideas. Although there was a slight pullback after the surge, in a strong market, we consider this as just a correction. Overall, the strategy today is mainly to buy on dips, with selling on rebounds as a supplement. The Bitcoin trades accumulated a total of 6000 points in space, while Ethereum trades accumulated a total of 300 points in space. The ideas were all provided in advance, everything is traceable. As I said before, if one cannot achieve profits that exceed losses in such a market, it is better to leave this circle early. Look for what can be hoped for, wait for what can be waited for at the right price. Friends who are not doing well can find Old Chen here to communicate!
The daily K-line also closed with a bullish rise again, maintaining the key level at the lowest point while also recovering recent losses. After the rise, there was no significant pullback, so we are still in a high-level fluctuation, which is the phase of time correction we mentioned before. The structure of consecutive bullish candles on the 4-hour chart is currently continuing, and the pullbacks in between are negligible. The price has also been recovered above the midline, and locally, it is moving upwards while consolidating and correcting. Overall, the pullbacks are accompanied by upward movements of the lower pin points, without significant declines or long bearish candles appearing. Moreover, every pullback has a corresponding rebound, and the bearish pullback strength is insufficient to reverse the strong trend, only serving to slow down and adjust the rise.
In the evening, Bitcoin is directly bought around 118500-118000, targeting 120000. Ethereum is directly bought around 3680-3660, targeting 3800. $BTC