The new emperor ascends, the old emperor declines. Good morning, brothers. In recent days, Ethereum has appeared particularly dazzling, soaring straight up. The old emperor, Bitcoin, seems to be declining, showing signs of senescence. Yesterday, the teaching chain gave everyone a signal around 3250, and it reached a high of 4640, directly pulling back 390 dollars. Brothers, if you set your target at 3450 according to the teaching chain's suggestion, you would have made no less than 200 dollars.
Yesterday's CPI data boosted market confidence, sweeping away the gloom from the negative non-farm data. The M stocks also closed up, which is gratifying. Yesterday, the teaching chain mentioned that as long as the closing does not fall below the range of 119500-120500, the bulls will continue. It closed at 120000, a position that is neither hot nor cold, allowing the bulls to continue their counterattack.
In today's operations, the teaching chain believes we can continue to pursue victory and should press on the remaining strength to chase the fleeing enemy, rather than seeking fame like a tyrant. A pullback can lead to low entries, and when the opportunities arise, we will sit back and watch the profits rise!
Around 119100-119300 for low entries, looking up at 120800, with strong momentum looking at 124500.
For 4330-4350, look at 4600, and with strong momentum look at 4850.
