The market low of $BTC will never last, just as life always has its moments of light after darkness. Enduring the repeated grind of volatile markets is essential to catch the benefits brought by trends. Each time we stand firm amidst fluctuations, it is a process of building strength for breakthroughs.
Overnight Market Review
- Bitcoin: After dipping to a low of 117522, it rebounded and peaked at 120300 in the early hours.
- Ethereum: After falling to a low of 3655, it stopped declining and rebounded, currently hovering around 3740.
Strong Signals on the Market
- The monthly, weekly, and daily charts are all firmly holding above the upper Bollinger Band, repeatedly breaking through the upper resistance, with highs being continually refreshed.
- The monthly trend remains upward, the weekly chart shows a strong bullish candlestick, and the daily chart is rising in a wave-like manner, with Ethereum's supplementary rally unfolding simultaneously.
Operational Logic and Thinking
In the face of trends, "higher" is always the norm. The current market has entered a bull-dominated phase. After the weekly and daily charts have opened up upward space, refreshing highs within a single day or even a short time has become a high-probability event, and there is still upward momentum overall.
The strategy is to firmly follow the trend: although the short cycle is in a high-level consolidation, the bullish pattern remains unchanged. Short-term opportunities can be seized during pullbacks; if the retracement is limited, one can directly enter the market in the direction of the trend, and the ability to adapt during trading is particularly crucial.
Morning Layout Suggestions
- Bitcoin: Long in the range of 119000-119500, targeting 121000.
- Ethereum: Long in the range of 3680-3710, targeting 3850. #NFT板块领涨 #山寨季來了? #稳定币监管风暴 #Strategy增持比特币 #加密立法新纪元