Early morning thoughts validated!
Although we haven't reached the target, short-term longs are steadily profiting~
Bitcoin gained nearly 800 points, and Ethereum 60 points. The long and short setups have been quite strong these past two days!
Current situation: Prices haven't stabilized above the first line, but a breakout is just a matter of time; a deep reversal won't happen!
Technically, we are still in a large-scale consolidation. The morning bulls didn't extend; now the high-level consolidation may continue to saw back and forth.
However, the pullback is merely a correction for the bulls, limited in space, and the overall bullish direction remains unchanged~
Trading advice:
Bitcoin: Long at 103000-102500, target 105000
Ethereum: Long at 2570-2550
Target 2650-2700
Don't panic with the oscillating rhythm; follow the trend, and just enter at the right points! 💪 #CPI数据来袭