The news triggered the market, and yesterday's view was that long positions made huge profits. Bitcoin first dipped near the support at 111850, then news helped it surge to around 116. At the 4-hour level, it continuously broke through resistance levels, ending the bearish trend, and bulls returned once again. The volume showed strong continuous release, reflecting the performance of market funds. SKDJ is in oversold territory with a golden cross, currently near the 0.0.382:116749 resistance level. A drop below this level would prompt quick entry for long positions, with a stop loss of 1.5%, and an upward target of 119718.5.
Regarding Ethereum, my personal view yesterday was to enter long positions looking for a breakout. The evening market initially dropped to 4206, with a stop loss set at the doji star 4202, just a few points difference. What followed was a violent surge, with long positions soaring, directly hitting the historical high near 4888, resulting in huge profits. At the 4-hour level, we can see that the volume has once again reached an unprecedented level, indicating the end of many short positions. SKDJ has not yet reached the overbought zone, and there is still space above. The previous candle closed as a bearish doji, which is better than a bullish one. I am waiting for a brief pullback near 4780 to quickly enter long positions, with a stop loss of 1.5%, and an upward target of 4950.22#ETH创历史新高 .