Crypto Circle Yuelin 1.7 Tuesday, Bitcoin, Ethereum Morning Strategy!
Good morning, my friends in the crypto circle, I am your lucky goddess Yuelin. Happy Laba Festival! Don't forget to eat Laba porridge! Last night, after the US stock market opened, it surged high, and the entire market rose sharply, while the crypto market also surged, with Bitcoin once again standing above the 100,000 mark. Yesterday morning, I had already publicly given a bullish prediction of 102,000 to Zuo Duo, congratulations to the fans who followed the idea and returned with a full load.
Currently, Bitcoin has consecutively formed 7 daily bullish candles, and the price has directly climbed above the MA30 daily average. Although there was a slight pullback at midnight, the intensity was still very small. The focus going forward is whether the price can stabilize above the 100,000 mark. If it can maintain stability, the market is expected to continue to expand upward. On the 4-hour chart, the market trend aligns with the analysis in yesterday's article. After a period of sideways fluctuation, the price rebounded as expected last night, and the overall short-term pattern continues to strengthen. A large bullish candle directly opened the BOLL band, and the accompanying indicators show a bullish trend. For morning short-term operations, Yuelin's bullish outlook remains unchanged, but do not chase at high positions; it is safer to choose to enter after a pullback.
Tuesday morning operation strategy:
BTC: Buy on pullback at 101,000-101,500, target 103,000-103,500
ETH: Buy at 3650-3680, target 3800
The above ideas are just Yuelin's personal trading logic and should not be taken as investment advice for anyone. They are for reference only. The market situation changes rapidly, and specific operations are primarily based on the market. Data is time-sensitive. If this article helps you, following and liking is a support and affirmation for me.