Monday afternoon, 100,000 steps away, continue to go long
The bulls are still strong. After the early pancake retested around 97,900, it rebounded to around 99,900, with Ethereum following the pancake's trend, retesting 3,610 before surging to 3,698. The trend perfectly aligns with our bullish outlook. Of course, Hongli won't miss out either. Did you all get a piece?
From the current perspective, market bullish sentiment is high. Although the price increase is not very strong, there is nearly a 2,000-point upward space from the morning low to the high. The gradual increase continues, and the strength of the retests is weakening. Technically, the bullish trend is significant, so in the short term this afternoon, continue to maintain the strategy of buying on dips.
The pancake retested the 99,000 area, with a target focus on the 100,000 line. If it breaks, then continue to look up to around 102,000; if it doesn't break, then short once. Ethereum follows up! $BTC