Evening Thoughts

With the conclusion of the election, the current market from a four-hour perspective shows a strikingly strong bullish trend for Bitcoin. The price is steadily operating above the middle Bollinger band. In the candlestick pattern, although there is an upper shadow after a large bullish candlestick, the subsequent solid bullish bars continue to extend, demonstrating strong bullish strength. While it is not advisable to speculate on the trend's peak too early, the risk of profit-taking at high levels should not be underestimated. In summary, the focus for the evening should be on positioning for low long trades.

For the evening Bitcoin: around 74000-73700, looking towards 74700-75000

For the evening Ethereum: around 2610-2590, looking towards 2640-2660.