The large pancake's multiple layout pullbacks for long positions have all been validated

Blockchain Liang Qiu: 10.25 Bitcoin/Ethereum Avoiding More to Seize Space, Pullbacks Can Continue to Enter Long Positions

Bitcoin/Ethereum's strategy of entering long positions on pullbacks was reiterated yesterday during the daytime. During the early morning surge, Bitcoin reached a high of 68800 and Ethereum around 2560. The overall long position strategy has been validated again, and a timely take-profit was issued in the morning. All previous posts are visible, including taking profit on long positions and achieving good space for clients when shorting under pressure above. Congratulations to friends who followed the strategy. Currently, the market has pulled back again, with Bitcoin's lowest point reaching around 67200 and Ethereum showing more weakness at around 2460. We continue to focus on the support levels of 67000 and 2450; if support holds, the market is likely to rebound. On the hourly chart, everything has reached the lower Bollinger Band, especially for Bitcoin, which has not extended downward.

In terms of Bitcoin's candlestick patterns, recent prices have encountered resistance around 68000 to 68500, with multiple unsuccessful attempts to break through, forming a short-term top. There is some support in the 67000 to 67200 range, with prices rebounding after several retests, keeping the market in a state of fluctuation. In terms of technical indicators, the MACD in the 4-hour cycle shows both DIF and DEA are negative, but the MACD histogram indicates signs of gradual reduction, suggesting that the downward momentum is weakening and a rebound may occur.

Continue to enter long positions in the range of 67000 to 67300 for Bitcoin, targeting around 68500; enter long positions in the range of 2440 to 2460 for Ethereum, targeting around 2530. The post is effective, with specifics guided in real-time. #BTC回升至6W7 #BTC #ETH