The market creates you when trends are favorable, and teaches you when trends are against you. Don't be sad; market fluctuations always include a period you can't understand, and there's always a wave you can profit from. Do you think that if you didn't make money today, your assets will just keep shrinking tomorrow? Do you believe that the opportunities you miss today will always pass you by? This weekend, the market suddenly changed, breaking the usual calm and bringing a strong rebound pattern. The bulls aggressively recovered all the recent declines. After Bitcoin stabilized around 62,979 yesterday, it started to strengthen, with continuous upward movement, reaching a high of 68,189 this morning. Ethereum also performed strongly on the bullish side, bouncing back after yesterday’s low of 1,834, with a high of 2,054 today. Yesterday afternoon, Lao Gao precisely predicted the market trend, and all the bullish strategies he suggested were validated. He set a long position around 63,500 for Bitcoin, which was perfectly closed at 65,000 in the evening, earning 1,500 points. For Ethereum, he took a long at 1,846 and closed this morning, gaining 120 points. This morning, he followed up with a second long position on Bitcoin at 66,200 and Ethereum at 1,948, both of which were profitable again. Bitcoin was sold at 68,000 for an 1,800-point gain, and Ethereum at 2,042 for a 94-point gain. When you lack direction, can't understand or see the market clearly, Brother Jin is still your guiding light, a lighthouse in the darkness of the sea.



From the current market situation, the daily Bollinger Bands are gradually narrowing, with prices oscillating around the upper and lower bands. The pattern and technical structure are still in a large-range consolidation trend, which hasn't changed much from the beginning to now. This mainly reflects the repair of the previous sharp decline, so short-term correction is inevitable. The expected correction method is likely a retracement in space. During this process, don’t rush to chase longs; wait until the pullback is complete before going long. It depends on whether the retracement can turn into a medium-term downward adjustment. Personally, I think the probability of this is small. After a slight correction, the bulls are likely to continue pushing higher. Today, the same applies: focus on the correction and repair process, and go long again once the pullback is in place. For now, observe the strength and extent of the pullback.

Over the weekend, Bitcoin between 67,500 and 67,000 can be shorted, with targets at 65,000-65,500.
Ethereum around 2,050-2,030 can be shorted, with targets at 1,900-1,950.
BTC3,26%
ETH5,48%
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