The cryptocurrency market never creates wealth; it only redistributes wealth. There is no fairness of first-come, first-served here; only a competition of cognitive understanding. The true winners often possess insights beyond the average person; they understand human nature, grasp market emotions, do not chase short-term profits, but focus on long-term value. BTC: Yesterday afternoon, the strategy involved entering long positions around 110600 after a pullback, with BTC dipping to around 110300 before starting a slow rise, moving upward to around 111300, where it faced resistance and consolidated before the US stock market opened, continuing to surge to the first target of approximately 112500. I still openly indicated that the strong bullish momentum above 112500 is definitely not a peak, and pullbacks can still provide entry points for longs. As of now, BTC is surging near 113200, and the bullish momentum remains unchanged. Pullbacks can still be entered.
In the morning, BTC showed a fluctuating upward trend, with the price gradually rising from the 110800 support level to around 112000, with a clear fluctuation range. The momentum index climbed from 4465 to approximately 4580, with short-term bulls taking control of the market. From an hourly perspective, although there was a pullback, there were no signs of a panic signal indicating a 'massive drop,' suggesting that selling pressure is relatively limited; the MACD indicator maintains a golden cross above the zero axis, but the height of the red bars has slightly decreased, indicating that short-term upward momentum may weaken, and caution is needed for potential divergence risks. The strategy will revolve around low long positions during the afternoon.
Operation Suggestions
BTC: Long around 112500 Target: 114000
Altcoin: Long around 4530 Target: 4630
