$BTC Bitcoin has sufficient momentum for a short-term rebound, focus on long positions in the morning
Do not let short-term fluctuations disturb your mindset; believe in the power of time. Those who have truly succeeded in the cryptocurrency space have all experienced countless market trials while maintaining unwavering faith and a stable mindset. They are not swayed by greed, nor dominated by fear, just like experienced captains who always steer their course amidst turbulent seas.
On Monday morning, the overall price of the cryptocurrency showed an upward trend, rebounding from a low point of 113700 to a high of 114700. Subsequently, the price began to fluctuate downward, currently stabilizing at around 114300. The price of Ethereum moved in sync with Bitcoin, rebounding from a low of 3453 to a high of 3515, and is currently stabilizing near 3510. In the early morning, teacher Dabao provided real-time guidance to students for positioning long in Bitcoin, entering at 113687 and exiting at 114654, securing a profit of 900 points.
From the 4-hour candlestick chart, the price has experienced a decline, followed by a rebound. It is currently in a short-term rebound and repair phase, with bearish momentum weakening and bulls beginning to attempt a counterattack. The DIF line is turning upwards towards the DEA line, indicating a reduction in bearish strength, suggesting a potential bottoming rebound, and showing that the market is leaning towards bulls. On the 1-hour level, it is in a rebound trend dominated by bulls, with the Bollinger Bands opening and the MACD golden cross both supporting the logic of short-term increases. Our morning strategy can revolve around long positions.
Bitcoin suggestion: Long near 114200, target 116000
Ethereum suggestion: Long near 3500, target 3500#美国加征关税