Qin Feng Evening Thoughts

Currently, the logic for being bullish on Bitcoin is clear. From a technical perspective, the daily chart has broken through a key resistance level, the moving averages are in a bullish arrangement, and the MACD indicator has crossed upward with the red bars continuing to expand, showing strong bullish momentum. On the news front, market funds are continuously flowing in, and institutions have a high willingness to increase holdings. In terms of operations, a buy position can be gradually established near the 5-day moving average on a pullback, with strict stop-losses in place, waiting for an upward move.

Buy Bitcoin near 112500-113000, target around 113800

Defend at 112000

Buy Ethereum near 4200-4250, target around 4320

Defend near 4180 #btc