$BTC has always emphasized that in the current market situation, patiently waiting for a pullback opportunity to re-enter is a better strategy. Friends who have followed the operations must have deeply experienced this. Blindly following trends makes it difficult to seize real market opportunities, and it may ultimately be in vain. Friends who have followed the morning strategy can choose to reduce their positions or exit; it should be remembered that the profits you can hold onto are the ones that truly belong to you.
From an hourly analysis:
Bitcoin: After rebounding and breaking through the 119000 line, it encountered resistance and pulled back, but a clear downward trend has not formed, and the bearish momentum has not been effectively released. The bulls continue to recover lost ground, indicating fierce competition between bulls and bears near this price level, and the bulls still possess clear upward momentum.
Ethereum: The trend is relatively strong, with bulls continuously exerting force to push the market upward, with prices constantly breaking through the upper Bollinger Band. In the MACD indicator, the fast and slow lines show a golden cross moving upwards, confirming the strengthening of bullish power. The bulls currently dominate the market, and if the momentum continues, a short-term upward trend is expected.
The afternoon layout will continue the morning's approach, using a pullback to enter strategy. Specific operational suggestions are as follows:
Bitcoin: Buy in the range of 118600-118300, target 121000
Ethereum: Buy in the range of 4260-4230, target 4400