The market on Wednesday is about to close, with Bitcoin's price slowly rising to the 107985 line this afternoon. Subsequently, the price experienced a pullback to gather strength. It touched a low of 106100 and then stopped falling, giving a false signal. In the evening, Bitcoin's price surged strongly, refreshing the recent high of 109458, just one step away from breaking through 110000. We have consistently emphasized going long throughout the day, and this trend has continued; going long is our main theme. Ethereum's performance remains relatively weak during the day, with no significant breakthroughs; after breaking through the 2600 line in the afternoon, it underwent a pullback and consolidation.
The current four-hour chart shows that the market has formed a clear strong upward pattern. If the price can successfully stabilize above in the short term, this will be a strong signal of an imminent market reversal. Today's intraday candlestick, along with a strong bullish candle, has returned to the upper track. At midnight, pay attention to the support at the 108500-108000 line, and with a strong attitude, boldly focus on 110000. As of now, there is no suspense. This evening, we remain actively bullish.
Operational Suggestions
Long at 108000-108500 for Bitcoin, target 111000
Long around 25540 for Ethereum, target 2650#美国加征关税