This morning's pullback saw Bitcoin dip to around 119,000, and Ethereum near 4560. It also successfully reached our predicted entry point. This pullback is a consequence of the midnight surge; each time the market hits a peak, it requires a certain degree of consolidation and energy buildup. Friends who have followed Zhuowei's morning strategy should hold on patiently. For those who have not entered the market yet, hesitation in the cryptocurrency world is the most fatal. The market has continuously provided us opportunities; if you don't get on board, you will never taste the profits.
Currently, the overall Ethereum market is showing a strong upward trend, clearly in a bullish market. From a technical analysis perspective, all levels of the Bollinger Bands are in bullish formation, indicating that the market is on an upward trend with strong stability. The K-line continues to rise, reflecting the ongoing climb of the market, with strong buying power. At the same time, the bottom support is solid, meaning there is strong buying power below during price corrections, limiting the downside and providing a solid foundation for future increases. From the analysis of technical indicators, the market shows a bullish golden cross pattern, which is a typical bullish signal indicating that prices will continue to rise. The bullish candlestick chart dominates, showing that bulls have the upper hand in the market, with strong buying power. All technical indicators point to a bullish trend, indicating sufficient upward momentum in the market, and the upward trend is likely to continue in the short term.
The operational suggestion continues the morning's strategy
