#BTC重回10万
Thursday, the upward trend remains unchanged, continue to go long on pullbacks
Last night's CPI data met expectations, and our long position was immediately rewarded. It must be said that the current market rhythm is either stagnant or fluctuates by 3000-5000 points. At this time, a swing layout is better than short-term gains; it all depends on whether you can hold on.
The market opened high and then dropped, with the coin price reaching a high of around 100800. After a peak and a slight correction, this upward trend does not have much to analyze. A slight pullback is a buy signal. Closely monitor the pressure testing in the 102500-103000 area; if it doesn't break, we can look for a reversal to enter short positions. The year-end is approaching, and there are always spots available!
Bitcoin: Go long in the 98500-99000 area with a target of 102000. If it doesn't break, we can go short.
Ethereum: Go long in the 3280-3310 area with a target of 3480. If it doesn't break, we can go short.
Today is the 17th day of the lunar month, and there is only one week left until the Spring Festival. I wish everyone smooth sailing and profitable trades.