A new week welcomes the opening with good fortune. The weekend offers strategies; the bulls are performing strongly, and it is advisable to go long on the retracement. This strategy has been validated again, as live trading exited after gaining 2000 points.
Currently, Bitcoin's price has reached a high of 99800, facing pressure at the 100,000 psychological level. In terms of short-term trends, the bullish momentum remains strong, and the expected retracement is limited. It is recommended to first observe the pullback situation before going long.
Trading Advice
If Bitcoin pulls back to around 98000 - 98500, one can continue to enter long positions, anticipating that the bulls will maintain their upward trend and break through the 100,000 level, with the initial target set around 101000.
Ethereum can follow the same operations, aiming for a bullish target near 3800. #BTC #BTC走势分析 $BTC