In the early morning of Saturday, the upward technical movement awaits recovery.
On Friday, this wave of price spikes exploded many long positions, but I see this waterfall as a good thing, just a necessary adjustment before there are opportunities to reallocate, enabling better turnarounds to catch people! In a booming bull market, only a sufficiently deep pullback will allow for better entry points to re-grab the bull market.
From the current market perspective, the recovery and upward movement can continue, showing a clear trend of bottoming out and rising. After significant rises and falls, don't deliberately chase one-sided trends; be bullish without chasing the rise, wait for a pullback before going long to better release space in the short term.
Morning pullback at low levels.
Long positions in the 99000-99500 range, looking at 102000-2500.
A sword sharpened over ten years, with a long-term vision, moving towards new heights in the crypto world with genuine insights. The plan is just the beginning; steady compounding is our goal!
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