（Performance can be checked）Reviewing the Wednesday Bitcoin market, bulls and bears are competing for market dominance, but the bulls remain stronger, continuously suppressing the bearish forces. In the early hours, we successfully captured nearly 1300 points of movement, and our evening strategy is still ongoing; Ethereum, on the other hand, is on a strong upward trajectory, with the market fully leaning towards the bulls. There have been slight fluctuations during this process, which is a normal phenomenon, as the bulls consistently push forward while occasionally needing brief news updates. Our strategy has perfectly followed the market trend, successfully capturing nearly 100 points of movement. In summary, the gains have been quite substantial.
From a daily perspective, the Bollinger Bands have formed a parallel shape, but the price is distributed in the upper area of the Bollinger Bands, repeatedly testing the upper resistance, proving that the bullish trend is dominant and has the potential to break new highs. From a four-hour perspective, the Bollinger Bands have formed an upward expanding shape, which is led by the bulls. From an hourly perspective, the Bollinger Bands are gradually becoming parallel, and the price is in a state of range-bound fluctuations, currently in a phase of accumulation and energy buildup; Ethereum is also led by the bulls, forming a strong upward momentum, and any brief fluctuations can be quickly recovered. In our early operations, we implemented a strategy of buying low and selling high for bullish positions, with Bitcoin particularly focusing on the resistance line around 109000, ensuring proper defense.
Bitcoin around 109000 bullish, target 111000
Ethereum around 2830 bullish, target 2950
