In the early morning of $ETH , Bitcoin surged sharply without giving everyone much room to react, but we perfectly seized the opportunity. The long positions for Bitcoin and Ethereum provided in the early morning were perfectly realized. We took profits directly in the morning, with Bitcoin's long position at 117886 points gaining 1520 points and Ethereum's long position at 3703 points gaining 57 points. The plan was to continue following the trend after a pullback, but the pullback was too strong. During the day, we directly advised to short at the 119800 position. In the evening, we perfectly grasped the downward move, and after the dip, we provided a new long strategy in the WeChat Moments. The evening rebound was perfectly captured again, with Bitcoin's long position at 117321 points gaining 880 points and Ethereum's long position at 3584 points gaining 56 points. Throughout the day, four trades gained a total of 2513 points. Remember, this kind of rhythm should follow the pattern without excessively being bearish or bullish. It's key to get the levels right before entering the market!
From a technical perspective on the 4-hour level, Bitcoin's trend hides bullish potential. Although there was a pullback below the middle band, the previous price surge showed continuous bullish candles accompanied by volume release, demonstrating the bullish resilience. While the Bollinger Bands have narrowed, they have not completely closed off the upward space. In the moving average system, the long-term moving averages continue to provide support. The current fluctuation resembles a bullish 'crouch jump'. As long as the mid-band can be reclaimed and the volume picks up again, it's like an athlete gathering strength to jump; the bulls can break free from short-term pressure and regain the upward rhythm. After all, the reversal of the trend often lies within this seemingly tangled fluctuation. Stay confident in the bulls and wait for the moment of breakthrough, just like waiting for the dawn light, which will eventually illuminate the direction of the market.
On Thursday morning, Bitcoin is recommended to set up long positions in the range of 116800-117300, with a target focus on 119000.
On Thursday morning, Ethereum is recommended to set up long positions in the range of 3500-3530, with a target focus on 3650#RWA热潮 #BNB创新高 #NFT板块领涨 #稳定币监管风暴 #加密立法新纪元 .