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Every transaction is a clash of wisdom and courage; victory belongs to those who dare to dream. Last midnight, the Bitcoin market experienced a slight pullback to a low point of 119172 before rebounding, reaching a peak of 120324 in the early morning hours before stopping. The Ethereum market at midnight continued its previous upward trend, with the price rising all the way to a high point of 4637 in the early morning before stopping. The Ethereum long order laid out by Sheng Ge at midnight entered the market near 4460 and exited near 4602, capturing another 142 points of space.
According to the current market situation, the four-hour level shows that after experiencing a round of pullback, the market is gradually moving towards the upper Bollinger Band. The Bollinger Bands are opening and moving upward in parallel, the KDJ indicator has formed a golden cross pattern with its three lines and is gradually extending upward. As the intensity of the pullback becomes smaller, the bulls have reclaimed most of the lost ground, and the overall trend is gradually coming under the control of the bulls. From the one-hour level, after a three consecutive bullish candles rebound, the market faced pressure and pulled back, but it is clear that the strength of the previous rebound has always been greater than the strength of the pullback. Additionally, the MACD indicator's two lines have been diverging upward after forming a golden cross, indicating that the intensity of the next round of pullback will not be too great. Therefore, in our morning operations, we will continue to maintain a strategy of low long orders after pullbacks.
You can long Bitcoin around 119000, target looking at 121000.
Long order near Ethereum 4530, target looking at 4650#TOKEN OF LOVE 重磅回归 #比特币市值超越亚马逊 #晒出我的Alpha积分