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After the evening's sharp surge, we shifted our strategy from short to long. Although we didn't enter at the absolute lowest point, entering near 69950 still captured around 1550 points, which is close to our target. We've locked in profits first. The 2115 Ethereum long entered simultaneously also has nearly 70 points of room, which is good. This helped us recover our losses nicely.
Although this market saw the bulls suddenly surge and break the previous downtrend, BTC is currently facing a need for consolidation, or rather a pullback correction. If we're to enter again, we should wait for the pullback and then participate. However, as before, we don't need to wait for too much of a pullback before entering.
Overnight for Bitcoin: 70900 to 70500+, targeting 72500. For Ethereum: 2165 to 2130+, targeting 2230. #Gate13周年全球庆典 #Gate储备金报告