On Wednesday evening, Bitcoin's market first fell to the low point around 108950 before stopping, then along with the release of the CPI data, it experienced a strong rebound, with the price reaching a high of 110350. Ethereum also followed Bitcoin's lead in the evening, with the price strongly rising from the low point around 2754 to a high point around 2879. Brother Sheng's previously given bullish strategy performed perfectly, with the Bitcoin long position entered near 109060 and exited near 110257, capturing a space of 1200 points. The Ethereum long position was entered near 2773 and exited near 2869, achieving a space of 96 points. Regarding tonight's market, I want to say that while the market may change, Brother Sheng's style of letting strength speak remains the same. What makes us happier than the increasing positions of students is their transformation from anxiety and following trends to confidently holding positions. Because professionalism provides students with the best sense of security, if you want to win at the starting line in the next wave of the market, following Brother Sheng is the best choice.
Based on the current market situation, the four-hour level shows that the market remains above the middle line of the Bollinger Bands, which are still opening upward, with prices continuing to run at high levels, and the overall trend still leaning towards bullish. From the one-hour level, the market faced a two-candle bearish pullback after hitting the upper line of the Bollinger Bands, but the bearish candle has a long lower shadow, indicating that short-term support remains strong, suggesting that the continuity of this pullback is not strong. Additionally, the MACD indicator's dual lines are still operating above the zero axis, so for the midnight operation, we will maintain a strategy of buying on dips after pullbacks.
Bitcoin can be bought around 108800-109000, with a target of 111000.
Ethereum can be bought around 2820, with a target of 2900-2920.