The cryptocurrency world, though full of unknowns and challenges, offers a path to success as long as we hold onto our beliefs, maintain wisdom, patiently wait, bravely face failures, and always keep our hearts filled with brightness and hope. On Thursday morning, Bitcoin's market saw a strong upward surge, with prices stretching from a low point of 96831 to a high point of 99374.
Ethereum's market moved in sync with Bitcoin, climbing from a low point of 1803 to a high point of 1917. The bullish sentiment proposed by fans in the morning was confirmed as expected.
Based on the current market situation, the four-hour level shows a two consecutive bullish candles breaking above the upper Bollinger Band, but the bullish candles all have long upper shadows, indicating strong pressure from above. The bullish momentum is insufficient to support a sustained price breakout, and both the KDJ indicator's K and J values have entered the overbought zone. From the one-hour level, after a peak, the market has pulled back, with prices stabilizing above 99000. Additionally, all three lines of the KDJ indicator show signs of turning down, indicating a high probability of a pullback in the future market. Therefore, in terms of operations, we should first capture the pullback, assess its strength, and then buy low, or short from a high position. Furthermore, I want to emphasize again that learning is the first key to successful trading. One must master a complete trading system and not just dabble in superficial knowledge before starting to trade. Below are the figures 165↑🚂#Stripe稳定币账户 #BTC突破99K #BTC交易 #美联储FOMC会议 $BTC$ETH