Good morning, the bullish idea given last night was once again accurately realized, perfectly matching the market trend. The big coin first oscillated and consolidated near the resistance level of 89000 in the evening, and in the early morning, the bulls began to exert force, shooting up to the high point of 94142. We have repeatedly suggested going long in this range. This rebound has also allowed our trading strategy to successfully capture nearly three thousand points of space. In such a favorable market, has everyone been following my ideas to trade?
Looking at the daily chart, after a large bullish candle, it is immediately followed by a small bearish candle that retraces. The long upper shadow indicates that there is upward pressure beginning to form. The market is currently in a short-term correction phase, and the overall trend of the bears is quite obvious; from the four-hour chart, the market continues to maintain a range-bound oscillation. After the big coin broke through the upper Bollinger band, it entered a consolidation phase, and the three Bollinger lines are also showing an opening state, which may continue to attempt to break through the upper Bollinger band resistance. However, after the price reached 94000, it immediately retreated, indicating that the upward pressure is still quite strong, and the bullish rebound strength is relatively weak. Before a trend-breaking situation occurs, the overall trend is still dominated by downward movements, and it is advisable to short at the current price.
In the afternoon, the big coin can be shorted between 93000-93500, with a target near 91000; Ethereum can be shorted in the afternoon between 1770-1800, with a target near 1730. #比特币 $BTC