In the cycle of ups and downs, every valley is a moment of gathering strength, and every fluctuation hides opportunities. We have walked through the turbulence together and will ultimately welcome the upward light together. This morning, the coin price gradually declined to around 114,200 before rebounding sharply. In the afternoon, it showed a steady upward trend, completing a trend reversal. In the evening, the coin price experienced a rapid surge, reaching a high of around 116,800. After a slight technical correction, it entered a high-level consolidation state, with limited overall retracement after the surge. This morning, our actual trading short position successfully realized a profit of 837 points. After noticing the trend reversal, Yundu timely informed students to set up long positions, successfully capturing a profit of 2,210 points. The three long positions given for Ethereum during the day were also accurate, accumulating a profit of 233 points. This upward trend has been firmly grasped.
From the four-hour chart, the coin price strongly broke through the upper band with a large bullish candle, re-entering an over-indicator operating state. The current price remains above the upper band, with various indicators accelerating upward. The Bollinger Bands are continuously expanding, further opening up the upward channel for the future market. The MACD energy bars are constantly strengthening, with bullish sentiment high, indicating that the upward trend is expected to continue. From a short-term hourly perspective, after the coin price underwent some fluctuations and consolidation, it again surged with a large bullish candle, breaking through the previous range of fluctuations and operating near the upper band again. The hourly Bollinger Bands are accelerating their expansion, further solidifying the upward trend. The bullish outlook for the future market remains unchanged, and it is recommended to focus on setting up long positions around the pullback lows.
Bitcoin suggestion: Long near 116,200, target around 117,500.
Ethereum suggestion: Long near 3,820, target around 3,920.
