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The intraday market is also reaching its end, and over the weekend, we can see that the BTC market hasn't given much room. However, our Ether continues to present itself as a victor, with bullish traders rising steadily. We are also following Old Li's strategy and capturing the strength of long positions in Ether. During midday, we focused on entering long positions around 3643, and when it rose to 3755, we exited, making another gain of 112 points. The market is indeed easy to navigate; we should timely assess the current trend. Ether has been showing strong performance lately, so we should focus more on Ether and there's no need to go all in on BTC. This is the charm of solid investment strategies.
Ether's daily line shows a bullish candlestick rising again, forming a continuous upward trend. One peak surpasses another, climbing higher and higher. Bullish traders are already unstoppable, and the strong momentum does not suggest a peak. This wave of long positions has not really provided a strong pullback before, as long as our BTC/Ether ratio gives a retracement, it signals our entry point for more positions; the weekly K-line closing will also rise strongly, with a large bullish candlestick breaking the wide range consolidation maintained for several months. The ratio first gives a retracement for confirmation and then rebounds sharply upward, forming a bottom-lifting pattern. Currently, the weekly K-line has four consecutive bullish days, and we remain optimistic about Ether continuing to rise and close higher next week, aiming for the 4000 mark and regaining ground.
BTC can be bought in the range of 118300-118800 in the early morning, with a target around 120000; Ether can be bought in the range of 3770-3740, with a target around 3850. #ETH突破3600