Good morning everyone, I am Gu Yue. Yesterday, Bitcoin long positions successfully took profit at $84,000 again. Ethereum has not fluctuated much and has been hovering around $1,900. In terms of the current trend, the market is gradually rising, breaking the downward channel on the hourly chart. After reaching the lower bound of the downward channel on the daily chart, the market gradually reversed, turning from a downward trend to an upward trend. This week, Bitcoin is expected to return above $90,000 again. In the morning, it is recommended to focus on buying low and wait for further increases.

Technical Analysis

Currently, the upper and lower bands of the Bollinger Bands on the hourly chart differ by about 3,000 points. The short-term market is still maintaining a range-bound fluctuation, with the fluctuation range around $81,000 - $84,000. Currently, it is pressing against the upper band of the Bollinger Bands on the hourly chart. In the short term, there will be a slight pullback in the morning, so pay attention to the area around $83,000. The MACD red energy bars on the four-hour chart are gradually increasing, and the mid-level support is also gradually rising. It is recommended to focus on buying after the pullback in the morning.

Trading Suggestions

Long positions near $83,000 for Bitcoin with targets of $84,000 - $84,500.

For Ethereum, it is recommended to go long near $1,900 with targets of $1,980 - $2,000.

There are many types of investments; choosing one that suits you is very important. There are many paths, and it is crucial to choose the right guide. I am Gu Yue, interpreting world economic news, analyzing global investment trends, providing daily market analysis, and offering the latest trading strategies and professional investment consulting services to help you reach the peak of wealth management. #比特币