Zhao Youdao: Yesterday, when the US market opened, Bitcoin surged past 100,000, and Ethereum broke through 3,700 points. Recently, Youdao's strategy has been entirely focused on long positions, based on the strong market trend. A few days ago, Youdao published an article stating that stabilizing at 97,000 means returning to 100,000 is just a matter of time.
Currently, the market situation has not changed significantly; we still primarily focus on going long. Youdao suggests:
Go long on Bitcoin at a pullback to 101,500 points.
Go long on Ethereum around 3,630-3,650. Short strategies will be provided based on the specific situation later. #Bitcoin #Ethereum