Calm and reserved, hidden ambitions, once the wind rises, set sail. Today's market saw a surge breaking the 12,000 mark in the early morning, and the market entered a correction phase in the morning. During this surge, the Zhuo Wei team promptly arranged for students to enter the market and successfully captured a space of 1,371 points for Bitcoin. Corrections are normal; during this period, we should be prepared to enter the market in a timely manner. Ensure that we can board the train at the first moment the market moves.
Observing the four-hour technical chart, the Bollinger Bands show a parallel line pattern, indicating that the market is in a phase of adjustment and accumulation, with long and short forces temporarily balanced. The current price mainly operates near the upper Bollinger Band and has not effectively broken below the middle band, indicating that the middle band has formed strong support and resistance for the price. Considering the overall trend, although it is in a short-term adjustment, the foundation of the bullish trend has not been broken. We need to pay attention to whether upward momentum can continue after the adjustment ends. This afternoon's layout continues the morning strategy, focusing on re-entering the market on pullbacks!
Wednesday afternoon operation suggestion: Bitcoin around 118,000 entry target 119,500
Wednesday afternoon operation suggestion: Ethereum around 3,660 entry target 3,800
