The price comparison also experienced a strong surge at midnight, with the price rising again by over 2000 points, currently charging towards the 102000 mark. Ethereum has also increased by over a hundred points. Yesterday at midnight, we suggested everyone to directly target the 102000 line, and it has successfully reached the goal. Therefore, in the morning analysis, we can directly focus on the bullish trend. The price comparison surged upwards without any hesitation during the midnight session, and our bullish positions have repeatedly realized profits. Yesterday, we also captured over 6000 points in total on Bitcoin! We have previously advised everyone to go long multiple times; the wide range for so long indicates an extremely obvious strong structure. Thus, it is essential to have your own strategy when trading, and not to blindly follow the trends, as no one's advantages come without effort.
The four-hour single bullish candle surge indicates that the strong bulls cannot be stopped. Once the upward breakout occurs, it signifies an increase in volume, and thus the bulls' frenzy is expected, being an inevitable result of the structural trend. We have previously mentioned that in the current market, a pullback is a buying opportunity; if there is no pullback, then it indicates a short-term bullish trend continuing towards higher levels, with the market directly surging within the day. The future price movement remains clear, still favoring the bulls, and following the bullish trend is the current main theme. In the short term, the price comparison might experience some corrections, but corrections do not mean reversals. After the correction, we still need to review the bullish trend, and corrections serve to prepare for a better upward movement, accumulating energy for the bulls to launch a new attack.
In the morning, Bitcoin is directly long around 100300-100000, targeting 105000. Ethereum is directly long around 3800-3780, targeting 4000. $BTC