After Powell's speech, the market exploded! 🚀🚀🚀
The week quietly came to an end, but at the last moment, there was a "stunning surge".
After Powell's speech in the early morning, Bitcoin and #以太 both violently broke through:
Bitcoin soared nearly 6000 points at its peak;
Ethereum surged strongly by 700 points!
Last week's overall layout was almost perfectly realized, with clear thinking and definite direction. Those who followed the trend should have made a decent profit.
However, it is important to note that after a continuous strong surge, the bullish momentum has been largely released, and the market has shown signs of a pullback, entering a correction phase. The current short-term retracement is the most direct signal.
💥 Trading Strategy:
The weekend market is highly likely to continue the rhythm of "slight fluctuations + weak corrections";
Do not blindly chase the market upward, but wait for a low-position long opportunity after a pullback;
Similar to last week's tail-end trend, grasp the rhythm and patiently wait for a better entry point.
Final Reminder:
Although the bullish market is fierce, the market will not always surge in one direction. Right now is the "correction period after a sharp rise". Maintaining patience and going with the trend is the key to victory.
