Today also provides a long strategy, with the price around 4580 for going long. The market is also very strong, and it has once again reached 4650. Our long position has secured a gain of 63 points. Ethereum is also choosing to go long again around 4587, securing a gain of 65 points. Then we shorted at a high near 4650, and in the early morning, it also reached around 4610. Today, Ethereum has secured a total of 168 points, while Bitcoin has simultaneously secured 3130 points. The quick transition between long and short positions is like a sudden storm, always catching people off guard. The switch between strength and weakness often occurs in an instant, requiring keen insight and decisive decision-making to seize opportunities and win the future.
On the 4-hour level, the market quickly rebounded after a prior pullback, forming three consecutive bullish candles and breaking through the middle track of the Bollinger Bands, stabilizing. It has initially formed an ascending pattern of 'bottom lifting, high point rising'. At the same time, the key resistance level during the previous decline has not only been broken by the bullish candle but also has not been broken during the subsequent pullback, thus converting into effective support, further consolidating the upward trend. In the short term, the market has clearly released the signal of 'downward exhaustion → rebound initiation', with the K-line structure, indicator divergence, and support effectiveness forming a bullish resonance. From an operational perspective, it is recommended to focus on laying out long positions during pullbacks, grasping the current rebound market.
Bitcoin can go long in the range of 111500-111000, targeting around 113000.
Ethereum can go long in the range of 4510-4480, targeting around 4650.
