Bitcoin Morning Thoughts

Yesterday, Bitcoin experienced a period of sideways consolidation before starting to rise in the evening, reaching a high of around 122,000, but then it pulled back and is currently back to around 119,900. In the short term, the market is mainly driven by Ethereum, which is now close to its historical high and may break this high again in the short term. In yesterday’s morning session, I suggested that everyone go long on Bitcoin and Ethereum, and the market did indeed rise as expected. The bullish momentum is strong in the short term, and the next trading suggestion is to follow the trend, with low-position long orders being a more suitable strategy.

Therefore, in Wednesday's morning session, consider going long on Bitcoin in the 119,500-119,200 range, with a target of around 123,000-124,000. $BTC #BTC重返12万 #比特币市值超越亚马逊