In the morning, Bitcoin surged strongly, pushing the price directly to a new high, reaching around 106,600. Just after we finished our analysis, the price continued to rise. We also took timely profits, securing over 2,700 points in Bitcoin and nearly 100 points in Ethereum. This is the result of trading along with the trend; when the market signals are clear, some still hesitate to enter. With sufficient technical support and proper risk management, the timid may starve while the bold thrive. For those who cannot grasp the situation, feel free to message Uncle for real-time guidance. Currently, the price is around 105,000.
From the current trend, Bitcoin continues to rise with consecutive positive candles, and the afternoon low has not formed a real break below 104,200. If it stabilizes above, Bitcoin will continue to push higher. Currently, the bulls still dominate, while the bears are likely either trapped or facing liquidation. This kind of market behavior is nothing new. In the afternoon, Uncle maintains a bullish outlook.
Bitcoin strategy: Buy around 104,500 - 104,800, target 106,500.
Ethereum strategy: Buy around 3,940 - 3,950, target 40,506,795,845,983,946,091,565,077,819,148,267,703,089,252,930,9.