The cryptocurrency market is prone to hesitation and loss. Recently, Bitcoin and Ethereum have continued their bullish trends, breaking new highs around 124,500 and 4,790 respectively. The Zhuowei team promptly reminded to enter the market, with real trades capturing 49 points in Ethereum and 1,605 points in Bitcoin. Currently, the bullish trend is the main direction, and buying on dips is a good strategy.
From a technical perspective, Bitcoin's bullish momentum is significant, with indicators across various time frames moving upward in unison. The daily chart has broken through the Bollinger Bands, with all three lines moving upward simultaneously; the four-hour chart shows strong consolidation with no substantial pullback; the hourly chart has a continuous staircase-like upward trend. All time frame golden crosses resonate, MACD momentum is being released, the bullish pattern is solid, and the upward trend is strong.
Thursday morning operations: Buy Bitcoin in the range of 123,200-122,700, with a target of 125,000; Buy Ethereum in the range of 4,710-4,680, with a target of 4,850
