Bitcoin dipped to a low of 116467 in the morning before rebounding, reaching a high of 119246. Ethereum followed the trend of BTC, pulling back to 3680 before rising again, peaking at 3812. Currently, it is oscillating around 3800. In the morning, we provided a long strategy, leading our students to enter the market around 106700, gaining nearly two thousand points before exiting at Luodai. The market fluctuation patterns are fully grasped. If you are still troubled by not being able to seize the market, why not try to make a change? I am always here to answer your questions. Perhaps a new choice could turn around your predicament.



From the current market perspective, the daily level is still showing bullish candlesticks, and the overall bullish trend remains unchanged, but the upward momentum has slowed down, showing signs of a rebound followed by a pullback. The current market is in a high-level consolidation phase, with support below in the short term; at the 4-hour level, the one-sided upward strength has weakened, entering a short-term pullback phase. Recently, there have been multiple occurrences of the "break high → pullback" cyclical trend, with increased fluctuations, presenting a double bottom pattern; at the 1-hour level, the candlestick has broken through the mid-track, with yesterday's high and this morning's low forming a support range. If it stabilizes, the bullish trend is expected to continue.

Bitcoin can be bought low in the range of 118700-118200, with a target of 120000 and a stop loss if it falls below 117000; Ethereum can be bought low in the range of 3730–3760, with a target near 3850 and a stop loss if it falls below 3680.
Be aware that if the price rises to a new high and then pulls back again, it is necessary to be cautious of short-term adjustment risks; if the pullback is limited, it can still be advantageous to go long.
BTC-1.02%
ETH-3.04%
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