$BTC

Morning Bitcoin Auntie's Latest Analysis

Last night, the market showed a slow upward trend, and in the early morning, Bitcoin reached a high of 114626 before entering a range-bound consolidation again. Ethereum followed Bitcoin, rebounding from a low of 3465 to the current high of around 3544. Last night, we publicly shared our strategy, with Jin Lin leading the students on two trades—one long position in Bitcoin at 113689, which directly gained 882 points; another long position in Ethereum at 3458, which gained 49 points. Those who understand this market have already pocketed their profits, while those who don't are still hesitating and waiting for a pullback.

From the current market perspective, the daily chart for Bitcoin and Ethereum shows clear signs of a bottoming pattern, and the recent low points have stabilized after several days of consolidation, driving the market into a healthy bullish rebound. On the four-hour chart, the price shows a positive trend with consecutive bullish candles, successfully touching the middle band of the Bollinger Bands and establishing a firm stance. This signal indicates that the overall market has completed a small cycle breakout, with short-term bullish momentum gradually being released, and the trend showing significant strength; however, it has not yet entered an extreme one-sided state, and there is still some tug-of-war between buyers and sellers. Currently stabilizing and rebounding, a clear reversal is forming, with support emerging below. If today can break through the previous decline levels during the rebound, the long position space will open up and continue strongly; conversely, it may shift into a moderately strong consolidation, showing an “advance two, retreat one” upward pattern, accompanied by slight pullbacks.

Monday Morning Strategy: Bitcoin 114000-114400 long, target around 116000. Ethereum 3510-3535 long, target around 3650.