The afternoon market is also operating according to our expectations, with the price gradually trending upwards in the afternoon, and the continuous rise of the lows clearly indicating the weakness of the bears. Currently, the Bitcoin price is around 96,000. Ethereum is also gradually rising in the afternoon, displaying a similar trend to Bitcoin. In the evening, we still focus on buying on the dips.
The daily structure has stabilized after retracing down to the lower bound, and with the bears in the afternoon not continuing to push lower, the market has momentarily shown a recovery trend. The current daily structure is presenting a small bullish candle. It has recovered nearly half of yesterday's pullback. However, neither bulls nor bears have provided substantial breakthroughs. In the evening, we can still pay attention to buying on the dips. At the same time, we can monitor the opening trends of the U.S. stock market before participating.
Operation Suggestions
Buy Bitcoin around 95,500 Target 98,000
Buy Ethereum around 3,300 Target 3,400
