#今日思路
The price of Bitcoin is unlikely to see a significant drop in the short term; until that happens, the strategy of entering long positions on pullbacks can be followed.
BTC Daily - 4 Hour Market Analysis
The price level of 100,000 is within reach, achieving this target is not difficult, and the trend logic remains primarily strong upward movement. The operation logic of entering long positions on pullbacks is only applicable to Bitcoin; if applied to other cryptocurrencies, the risk is quite high.
The overall strategy is to enter long positions on Bitcoin pullbacks, and large-scale operations are currently not recommended; we should patiently wait for Ethereum's reversal over the weekend.
Regardless of whether Bitcoin surges or oscillates, high-level oscillations require time to digest and wait, especially considering the serious outflow from ETFs and exchanges. Overall, we should focus on Bitcoin's individual bull market first and only consider altcoins after it completes its movement.
BTC Intraday Level Analysis
The intraday market still favors entering long positions on pullbacks. Currently, the first support level on the pullback is around 96,000, the second support level is approximately 95,000, while the short-term resistance level is around 98,000. Intraday, the main focus is on long positions, and one can go long on pullbacks; there is no need to pay too much attention to other situations regarding Bitcoin at this time.
Ethereum's situation is more difficult than expected, and the possibility of a rapid rebound in the short term is low. Currently, its pullback support level has been reached; one can buy Ethereum during the pullback, ensuring the increase over the weekend, as long as it does not drop below around 3,050, this is the buying opportunity.
In this market situation, if you are bearish, simply reduce leverage; do not short arbitrarily, as shorting can easily lead to losses.
If you want to seize this bull market, it's definitely too late to learn and sell on the go; it's best if someone can guide you through the quick entry.
I am David, welcome to communicate!
