This year's trivia is inexplicably abundant, sigh, without further ado, let's take a look at the market trends. Bitcoin has been steadily rising, reaching a historical high of around 107,000 in the early morning. It seems that 110,000 for Bitcoin is within reach. Meanwhile, Ethereum also set a historical high point at 4,108 during the early morning. Looking at both, the bullish momentum is strong, and the market outlook is very positive. Now that the market is at a high level, how should we approach trading? My personal view is to go with the trend and buy on the dips. Currently, the market is in a bull phase, and its price ceiling is hard to predict. In this scenario, it's all about identifying the right positions to buy. Additionally, with the recent influx of funds into ETFs and frequent good news, the momentum remains strong. The day after tomorrow, the Federal Reserve will announce its interest rate decision. If they cut by 25 basis points, FOMO sentiment may ignite, leading to a buying spree, and the market could experience significant volatility!
Today, we need to focus on the breakout situation at 108,000. If it breaks through and stabilizes at 108,000, the next step may be to challenge 110,000!
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