The morning to noon trend is still closely aligned with our strategy. After the market surged to the 98400 level, a pullback correction occurred, touching the low at around 96900 again. After our perfect profit in the early morning, we also provided a strategy to chase the high position again in the morning. We perfectly captured over 500 points and more than 50 points of space. Thus, the total profits from the morning to noon today reached over 2000 points, with Ether capturing over 80 points. Overall, it was quite good, and the low buy strategy was used with great ease. Therefore, we will continue to apply the low buy strategy for further profits.
From the current market structure, after a wave of highs and corrections in the morning, the market trend for Bitcoin has gradually stabilized. In the four-hour technical analysis, the Bollinger Bands show a trend of upward contraction, and there is strong resistance at the upper band in the short term. During this period, the market has attempted to rise multiple times but has failed to firmly establish itself above the resistance level. Analyzing from the hourly level, although the pullback was stronger than we expected, the corresponding trading volume did not show a significant increase, so this cannot be regarded as a clear signal of trend reversal. Based on the above analysis, for the evening's suggested operations, we still recommend adopting a low buy strategy.
In the afternoon, Bitcoin is looking to go long directly around 97200-97000, targeting 100000. Ether is looking to go long directly around 3320-3300, targeting 3500.
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