The callback has ended, continue to accumulate long positions in batches to see new highs!
The daily K line closes with a large bullish candle, starting to recover the declines of the previous two days, forming a deep V-shape up from a high of 99600 to a retracement around 90800. The 8800-point correction has already ended. For those who are firmly bullish, each retracement is an opportunity to buy at a lower cost. Midnight gave a long signal at 95000, which was a little off, and in the morning, we got a long signal at 94500, which was also slightly off. Don't lose heart, don't be anxious, just continue to wait patiently.
Bitcoin has held the mid-level of the 4-hour chart today. If it does not break the mid-level of the hourly chart here, it will need to exert force and continue to rise. Focus on participating in long positions around 95000 and 94000 today, aiming for three targets at 96500, 97500, and 98500. This is for short-term traders; those with a larger perspective can hold their positions looking at 99500 and 105000.
Ethereum has been catching up strongly these past two days, and it indeed needed to. It has been criticized all the way, feeling down for a year. If it doesn't catch up now, how can it maintain the title of 'King of Altcoins'? Currently at the 3606 level, retracement at 3560 and 3520 for long positions, with targets at 3650, 3750, and 3800.
There are never any masters who earn forever in the market. Be cautious of those masters who show you daily profits and flipping accounts! Beware of those who easily tell you to hold on, stop loss at liquidation. Be wary of those who swing trades and hold on stubbornly. The market is mixed, and do not determine a person based on just one or two days of content. There are too many manipulated images, fake platforms, and simulated charts. Everyone must keep their eyes open, calmly and objectively analyze and identify! #以太坊时刻到来? $BTC