1.6 Monday Bitcoin, Ethereum Morning Market Interpretation
A new week, a new beginning. Good morning everyone, I am your old friend Zuping. From yesterday's early market analysis, the price slightly retraced to the 97300 level, followed by a rebound, peaking at around 98800—this aligns perfectly with the expectations I shared with you around 97300, which can be considered a script. Those who followed along easily secured a profit of 1500 points!
The daily trend shows a clear upward momentum, with consecutive bullish candles. The retracement actions are almost negligible, indicating that the bulls still have continuity. Therefore, the main structure continues to look upward. The 4-hour chart has also been steadily rising recently, with a strong short-term trend and a fluctuating upward movement, so the bullish sentiment remains the main theme at present. Similarly, the hourly chart has not provided any opportunities for bearish performance, with the market primarily exhibiting bullish behavior. Thus, in the context of a strong main rhythm, continue to maintain a low bullish strategy!
Monday Morning Trading Suggestions
Buy Bitcoin near 98000-97500, target 100000-101000,
Ethereum can enter the market in sync with Bitcoin!
With the Spring Festival approaching, opportunities are limited. If you do not have a professional mentor to provide you with real-time and accurate strategies, and if you want to seize good market conditions like my stone friends, then act quickly; the market waits for no one!