1.3 Evening Thoughts
Bitcoin was in a volatile retreat at noon, with the highest rise to around 97,300. The strong rise of the daily line turned into a retracement correction. We regard it as a retracement before the bulls start to accumulate strength. The upward trend line of the 4-hour chart has not changed. It is a normal high-rise and fall. We can follow the same strategy as the noon strategy in the evening. The bullish thinking in the future market remains unchanged. Short-term operations can still be treated as retracements.
Operational suggestions
Bitcoin 95,600-96,000 long, target 98,500
Ether 3,400-3,420 long, target 3,530
