Crazy, Powell releases big news, US stocks surge, institutions madly seize the opportunity to buy, Bitcoin rises by over 5000 points, and Ether rises by around 680 points.
The surge in Bitcoin was within expectations, but the rise in Ether completely exceeded everyone's expectations. Fortunately, the short positions were cashed in in advance the next day, then predicting a peak and drop in the Jackson Hole meeting market, US stocks directly went long beforehand, and an unstoppable great news pulled the bulls to a high point, especially with Ether hitting a historical new high, perfectly accommodating both long and short positions, which is quite exciting.
With support from positive news, the market is expected to continue to ferment, and based on this trend, it is anticipated to surge further. In the later stages, Bitcoin is looking towards the 118,000-119,000 area, and Ether is targeting the 4900 to even 5000 area.
Bitcoin: 115,300-115,800 area long
Ether: 4680-4730 area long$BTC