There is no such thing as a constant winner, just continuous learning to break through oneself. On Wednesday, the market for Bitcoin and Ethereum both saw a bullish trend explode. Bitcoin showed a certain fluctuation from midnight to morning, with the afternoon market skyrocketing continuously upwards, breaking through to around 122800. Ethereum continued its recent trend with a one-sided bullish movement. Our strategy focused on buying on pullbacks, entering the Ethereum long position at midnight and successfully capturing 130 points by the morning close. In the morning, the market was at a daily low, and we timely entered Bitcoin and Ethereum long positions, entering Bitcoin around 119000 and successfully closing at around 122000 in the evening, capturing 2814 points. The Ethereum position also started in the morning, with part of the position reduced during lunchtime, successfully capturing 78 points. In the evening, after Bitcoin broke through 4700, we closed all Ethereum positions, successfully capturing 127 points. The market layout was not smooth sailing; it was just about continuously seeking opportunities in the accumulation.
From the daily chart analysis, the bullish trend of Bitcoin is extremely strong. The candlestick not only successfully breaks through the Bollinger Band range but also drives the overall market to continue expanding upwards. The three lines of the Bollinger Band have gradually formed a synchronized upward movement pattern, with the upper band continuously rising, the middle band steadily moving up, and the lower band following suit. This structure indicates that the bullish market is accumulating strength and is likely to welcome an explosive rise. Switching to the four-hour chart, the candlestick shows a clear guiding pattern, continuously oscillating above the upper band of the Bollinger Band without significant pullbacks. The bullish characteristics at this level continue to emerge, reinforcing the market's upward expectations and guiding the trend in a bullish direction. The hourly chart is also impressive, showing a series of upward candles, with prices steadily increasing in a stepwise manner. Each minor pullback becomes a new starting point for upward movement. The characteristics of the bullish market are increasingly prominent in the short term, providing strong support for the medium to long-term rise. Comprehensive technical indicators across various levels show a golden cross dual-track upward pattern, with MACD and other indicators' bullish histogram dominating the market, and momentum continuously being released. This indicates that the market trend has been strongly dominated by the bullish trend, the bullish pattern is solid, and the upward trend is very strong.
Thursday midnight trading suggestion: Bitcoin 122500-122000 range long, target 124500.
Thursday midnight trading suggestion: Ethereum 4700-4660 range long, target 4850, break out to look for new highs.
#主流币轮动上涨#以太坊创历史新高倒计时 #ETH突破4600
