Monday Morning Market Analysis and Trading Suggestions
Yesterday, the trading strategy was once again fruitful, with a public reminder to buy around 97300. The price retraced to around 97250 and then began to rebound, reaching a maximum of 98850 before stalling, providing nearly 1500 points of movement. How much did you capture?
Currently, from the overall market perspective, Bitcoin has completed its first wave of strong performance. With Ethereum gradually gaining strength, the altcoin market is also slowly starting to take off. This wave is primarily focused on the rhythm of Ethereum and various altcoins.
At present, Bitcoin has broken through the 98000 resistance zone and is gradually stabilizing above 98000. The major decline has basically completed, and the next step is a gradual rise amidst market fluctuations. For today, continue to maintain a bullish stance.
Focus on buying in the 97500-96500 area, aiming for levels above 99000.
The above suggestions are for reference only!
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