Bulls and bears both take the lead again, Hangqing hits accurately once more. Bitcoin rebounded to the resistance line around 104949 in the morning, then pulled back to the support line around 103445. Feige also publicly disclosed his strategy in advance, entering a long position when Bitcoin was at 103382 last night, exiting when it rose to 104777, gaining 1399 points. Then, as the price failed to break above the resistance, he immediately set up a short position at the high of 104810, exiting when it dropped to 103525, gaining another 1285 points. It’s just a matter of seizing opportunities; grabbing the right range and timing is what Hangqing is all about. Friends, are you following my thoughts on this?
Ethereum is showing a similar trend to Bitcoin, with a three consecutive candle upward movement on the 4-hour chart, forming a V-shaped structure again. The bulls are continuously testing this resistance level. This rebound has pulled the market from the lower track to the middle-upper track for horizontal consolidation. Currently, it is under pressure at a high point, forming another two consecutive bearish candles for technical pullback correction. Therefore, the key level at 103000 still remains important; this level can serve as a watershed, allowing for a pullback entry into a long position. Based on the structural patterns, operations still need to be flexible.
You can go long around 103000 for Bitcoin, targeting 105000, and for Ethereum, you can go long around 2620, targeting 2700. #比特币 $BTC