Last night, after the Bitcoin price fell to the 74500 line, the bulls rose again, and in the early morning, the price surged strongly, reaching a high of 76900 before pulling back. Currently, the Bitcoin price is running around 75700. Ethereum's trend is similar to Bitcoin, and after reaching a high of 2916 in the early morning, it has also pulled back and consolidated. The long positions we set up last night have been perfectly validated. We have repeatedly emphasized that there is no visible pressure above, so we can buy on dips. Currently, everything is within our expectations! The price has already risen above 76200.
At present, the main structure is obviously biased towards a bullish pattern, and the short-term trend is in a correction phase after the surge. Under the influence of positive news, the market keeps rising. On the daily chart, the bullish momentum still has room to be released, and the K-line is currently showing consecutive upward movements, so we continue to maintain a low long strategy for the midnight session!
Operation Suggestions
Buy Bitcoin at 75500-75700 Target 77000
Buy Ethereum near 2900 Target 2970
