The time node has arrived at the last day of this week. Bitcoin has made an effective breakthrough compared to last week, with a significant overall increase. Bitcoin reached a peak of around 95,700, and Ethereum has warmed up to around 1,850. We are still laying out our strategy based on daily news, macroeconomic conditions, and trend directions. The overall remaining rate is relatively considerable, the market has always been there, and Lao Lu has always been there. If one cannot have a basic understanding of the market structure and does not pay attention to macroeconomics and policies, randomly trying and making mistakes in this cryptocurrency market will ultimately be completely engulfed!
From the weekly level, after Bitcoin touched the bottom at around 85,000, it has been on a one-way rise, experiencing continuous surges, and ultimately stabilizing above 90,000. Currently, it is fluctuating within a range between 93,000 and 95,000. We continue to pay attention to changes in support and resistance levels, and the macro environment is slowly recovering. If the interest rate cut strategy is implemented, then the favorable trend will continue. Ethereum is focusing on changes around 1,730, with the trend also following Bitcoin's rhythm. The weekly K-line shows a large bullish candlestick with an upper shadow, and the price ratio is still in a favorable trend. The daily line shows a correction at the upper track, desiring to continue the next wave of market sprinting, specifically based on Lao Lu's real-time strategy.
Buy Bitcoin near 94,000-93,700 with a target around 95,000.
Buy Ethereum near 1,790-1,800 with a target around 1,840.