After the strong bullish rally last night, Bitcoin once broke above 69000, and Ethereum also broke through 3400 again. Although there was a brief pullback today, bulls quickly regained strength, returning to an upward trend. This wave of white market pullback may very well be a method of inducing shorts by the main force!
From the daily line perspective, the Bollinger Bands are opening upwards, and the trend continues without signs of narrowing. On the 4-hour level, after the bearish force during the white market, the price reached the bottom range, and the short-term bearish energy is obviously insufficient! Therefore, it can be judged that the subsequent market will still be dominated by bulls. We only need to enter long positions at suitable low points. In this environment of a major trend, I again advise all coin friends not to be greedy for small profits, trying to catch the short-term range shorts! This point is discussed because many coin friends have recently consulted me about this matter, some have been trapped, some have stopped losses, and some have been liquidated! Therefore, I still recommend that everyone operate in line with the mainstream direction! Today's suggestions are as follows, for reference only, and adjustments can be made based on real-time market conditions!
BTC: 71000—70300 in batches, target: 73500--74500, risk control: 69300
ETH: 2640—2610 in batches, target: 2730—-2750, risk control: 2580
Real-time guidance: eth8️⃣九8️⃣6️⃣
Friends who are in loss should not be discouraged, and friends who are in profit should not be complacent. Maintain a calm mindset for rational investment. Teacher Zhang will provide accurate analysis and reasonable suggestions to help friends in difficulty solve problems, and help friends in favorable situations achieve great results. May my analysis be like a lighthouse, guiding you through the vast sea of the cryptocurrency market.