1.2 Morning Thoughts
Yesterday, Mu Bai mentioned that there would be a continued upward trend. Although there were some twists and turns in between, the impact is not significant, and we continue to hold long positions!
From a technical perspective, looking at the four-hour chart, Bitcoin has broken through the upper trend line, and the KDJ three lines are extending upwards. On the one-hour chart, it has continuously broken through the upper trend line. Although there has been a slight pullback, the strength is not intense. Moreover, during the recent holiday period, the bottom-seeking market has not been able to break through, so in the morning, we will primarily focus on buying on dips!
Bitcoin: Long around 94,500, targeting around 97,500
Ethereum: Long around 3,370, targeting around 3,450
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