The morning layout for Ethereum long positions has reduced holdings with a small gain of 78 points. In the current market situation, taking positions is quite normal; it just depends on whether you can maximize your gains. Find the right timing for each wave of entry, and the rest is just waiting to cash out. Remember, hesitation will only lead to defeat; be decisive when needed. In such a clear market, if you don't take advantage of it, wouldn't that be a waste?
From an hourly perspective, the market continues to operate in the upper Bollinger Band area, with K-lines showing a stepwise upward trend, indicating that bullish forces dominate the market rhythm. The three tracks of the Bollinger Band maintain a parallel upward extension pattern, with the upper track continually rising, the middle track moving upward, and the lower track also shifting upward, forming a solid one-sided bullish trend channel that provides strong support for price increases. In terms of technical indicators, the golden cross pattern continues to diverge upward, and the momentum bars are solidly positive and maintain an expanding trend, occupying a dominant position in the market. The bullish volume continues to be released, further confirming the current strong and clear bullish trend, with a very solid upward momentum. For subsequent layouts, we will still focus on laying long positions on pullbacks.
Wednesday afternoon trading suggestion: Bitcoin 119300-119000 range long Target 121000
Wednesday afternoon trading suggestion: Ethereum 4650-4620 range long Target 4750, break through to see new highs
