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The afternoon market has finished, with the price dipping to a low of 100678 in the early hours before stabilizing. It then entered a phase of consolidation. In the evening, BTC experienced a slight pump, and the price has now reached around 103700. This pump has broken the narrow consolidation pattern of the white plate, and the price is continuously testing the upper resistance. Ether has mirrored BTC's movement, with the price also returning to around the 2500 mark. Our strategy of taking long orders at the lower point during midday has been validated once again. The long orders we've set up have also yielded substantial profits, and those who followed along have surely made a profit, to some extent. This is strength; the market is so easy to grasp. If you're feeling lost doing this alone, why not try joining us to walk towards glory together.
Analyzing the current situation, yesterday BTC formed a small bearish candlestick with extended upper and lower shadows, which also broke the previous double top structure. The price fluctuation exceeded five thousand points yesterday, providing opportunities for both longs and shorts to profit. Today, the daily candlestick shows a small bullish pattern with an extended lower shadow, indicating that the bearish momentum has diminished, while the bullish side has recovered nearly half of the space after BTC's recent pullback. The bulls are now like a sleeping lion, and the release of the CPI data in the evening is likely to awaken this lion, leading to further upward movement. On the 4-hour chart, BTC is oscillating near the lower band after a high pullback, with the middle band acting as a resistance level above. Currently, the price has broken through the middle band and is trading nearby. In the evening, the strategy can continue to focus on buying on dips.
BTC can be long ordered at 102500-103000 in the evening, aiming for around 105000, Ether can be long ordered at 2440-2460, aiming for around 2560. #PFVS Launchpad 认购开启 #特朗普宏大减税法案 #贸易战缓和 #BTC #ETH