Bitcoin steadily operates within an oscillating upward channel, having previously experienced a slight pullback after reaching around 95,000. Yesterday, we emphasized that the pullback structure was complete, and we took a long position. The liquidity accumulated in the 95,500-96,000 range is likely to be absorbed by the market.
Yesterday, we decisively took a long position at 94,000-93,500, with the intraday high approaching 95,500, easily securing a profit of 1,500-2,000 points. We grasp the rhythm of the 4-hour wave, where a 2,000-point move has become the norm. Of course, knowing when to take profits is the key!
Even if the current price falls back, I still maintain ample patience, waiting for the volume-price relationship to provide a clear signal. Based on the current trend, Bitcoin is very likely to break through 95,500, aiming for above 96,000, and will only turn bearish after clearing over 1 billion in short liquidity.
Ethereum set up long positions yesterday at 1,780-1,750, rebounding to a high of 1,811; seizing the opportunity can lead to profits!
Follow my path to wealth without getting lost.