The new emperor ascends, the old emperor declines. Good morning, brothers. In the past few days, Ethereum has been particularly dazzling, soaring all the way up. The old emperor, Big Pie, seems to be declining, showing signs of age. Yesterday, the teaching chain gave everyone a signal around 3250, and it reached a high of 4640, directly pulling back 390 dollars. If brothers had followed the teaching chain's target and placed orders at 3450, they would have made at least 200 dollars.
Yesterday's CPI data boosted market confidence, sweeping away the gloom of the unfavorable non-farm data. The stock market also closed higher, which is gratifying. Yesterday, the teaching chain mentioned that as long as the closing price is not lower than the range of 119500-120500, the bulls will continue, and it closed at 120000, a position that is neither hot nor cold, allowing the bulls to continue their counterattack.
For today's operations, the teaching chain believes that we can continue to capitalize on our victories, pursuing the remaining strength against the desperate enemy, and we should not seek fame like a tyrant. A pullback is an opportunity to buy low, and when the price rises infinitely, we can sit back and watch the profits come in!
Buy around 119100-119300, targeting 120800, with strong momentum looking at 124500.
Buy around 4330-4350, targeting 4600, with strong momentum looking at 4850.