After continuous consolidation and accumulation, the price followed the US stock market trend this evening, with bulls once again increasing volume and pushing the price higher. The high briefly tested the 94,000 level, setting a tone for this week's market trend. The current upward trend is still continuing. I clearly provided a bullish outlook and key level predictions this morning, which were once again accurately fulfilled. Our live trading students followed the trend to enter long positions on Bitcoin, again capturing over 1,500 points of profit. Our strategy has always been to provide advance guidance. For those who haven't been able to grasp the recent market movements well, follow Zhiyu’s rhythm to experience the trend.
Looking at Bitcoin on the 4-hour chart, after a brief correction with small bearish candles, the price has resumed with two consecutive bullish candles, rapidly rising and forming a strong overbought condition. The continued volume increase by bulls has further extended the previous upward trend. The bullish momentum remains very strong. The MACD histogram shows ongoing strengthening of bullish energy, and the Bollinger Bands are expanding upward, opening a channel for further price increases. On the short-term hourly chart, after a simple correction and consolidation, the price has again formed two bullish candles, quickly approaching the upper band. Although there was a slight retracement, the overall upward trend has not changed significantly. The hourly KDJ indicator is also diverging upward. After consolidation and correction, we expect the upward trend to continue; a pullback to accumulate positions is still a good strategy.
Buy Bitcoin around 93,500, watch for 94,500; buy Ethereum around 3,150, watch for 3,250.
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After continuous consolidation and accumulation, the price followed the US stock market trend this evening, with bulls once again increasing volume and pushing the price higher. The high briefly tested the 94,000 level, setting a tone for this week's market trend. The current upward trend is still continuing. I clearly provided a bullish outlook and key level predictions this morning, which were once again accurately fulfilled. Our live trading students followed the trend to enter long positions on Bitcoin, again capturing over 1,500 points of profit. Our strategy has always been to provide advance guidance. For those who haven't been able to grasp the recent market movements well, follow Zhiyu’s rhythm to experience the trend.
Looking at Bitcoin on the 4-hour chart, after a brief correction with small bearish candles, the price has resumed with two consecutive bullish candles, rapidly rising and forming a strong overbought condition. The continued volume increase by bulls has further extended the previous upward trend. The bullish momentum remains very strong. The MACD histogram shows ongoing strengthening of bullish energy, and the Bollinger Bands are expanding upward, opening a channel for further price increases. On the short-term hourly chart, after a simple correction and consolidation, the price has again formed two bullish candles, quickly approaching the upper band. Although there was a slight retracement, the overall upward trend has not changed significantly. The hourly KDJ indicator is also diverging upward. After consolidation and correction, we expect the upward trend to continue; a pullback to accumulate positions is still a good strategy.
Buy Bitcoin around 93,500, watch for 94,500; buy Ethereum around 3,150, watch for 3,250.