On Tuesday, #Strategy增持比特币 , Bitcoin rose sharply before falling back to close lower, favoring long positions.
In the early morning, there was another round of declines, with prices dropping from 88460 to 87000, leading to bulls giving back all the gains from the previous trading day. This kind of rise driven by news cannot change the overall technical structure of the trend; the whales inflate prices to offload. Moving forward, we continue to go long without excessive worry, so we will continue to go long this morning.
Today, there has been almost no rebound space since early morning. To be honest, I am familiar with this rhythm, and it is unlikely to provide too many opportunities. Therefore, a slight decline in the Asian session allows for entry into long positions. Remember to enter with a portion of your capital first, reserving 5% of your position to add on a rebound of 1000-1500 points, which also helps to avoid missing out.
Go long in the Bitcoin area of 86500-87000 with a target of 89000.
Go long in the Ethereum area of 1530-1550 with a target of 1650.