The morning layout of Bitcoin long positions exited with a gain of over 900 points, while Ethereum followed closely to secure over 50 points. Currently, this market condition is considered a normal rebound. The first wave of the morning rose from 95800 to 98400, then retraced to 97000. At the 97000 level, it rose again to the current level of 98400. Overall, this market is characterized by oscillation and upward movement.
From the current trend, Bitcoin bulls have suddenly gained strength. Since it has risen above 97000, it is very likely to challenge higher levels in the evening. As long as it holds above 98000, reaching the 100k mark is also possible. Ethereum may also challenge around 3500, but caution is needed for corrections by the whales. Recent volatility has been significant, so entering with a light position is advisable.
Bitcoin strategy: Long around 97800, target 99800
Ethereum strategy: Long around 3360, target 3450