Trading Philosophy: Look at trends in the long term, find entry points in the short term;
Technical Analysis: For Bitcoin, the daily level closed with a small bearish candlestick, the Bollinger Bands continue to narrow upwards with signs of expanding again, the MACD moving average continues to move downwards, bearish volume continues to increase, the KDJ line continues to diverge and move upwards. At the 4-hour level, the Bollinger Bands have started to run flat, the market has rebounded above the middle band of the Bollinger Bands and has not come down since, the MACD moving average continues to run gently upwards, bearish volume continues to decrease, the KDJ line is moving upwards;
For Ethereum, the daily level again closed with a bullish candlestick, breaking new highs near 3750, the Bollinger Bands continue to expand upwards, the MACD moving average continues to move upwards, bullish volume continues to increase, the KDJ line is moving upwards. At the 4-hour level, the Bollinger Bands continue to expand upwards, the MACD moving average also continues to move upwards, bullish volume is increasing again, the KDJ line is moving upwards;
In summary, the market has overall pulled back to support before starting to rise again. The low long strategy given a few days ago has been validated again, with all targets for long positions at 97500-3700 exceeding expectations. There was no timely reminder to take profit steadily during this period, all of which can be verified in the previous text!
Operational Advice: Continue to buy on dips!
Go long in the Bitcoin area of 95700-96300, with a target of 97500-99000, stop loss at 94500;
Go long in the Ethereum area of 3640-3670, with a target of 3750-3800, stop loss at 3600;