Recent data from Auntie is quite impressive. While Bitcoin and US stocks are dropping sharply, Auntie's ETF is still seeing a counter-trend inflow of capital?
It seems that many large investors are preparing in advance for the Prague upgrade in March, buying more as prices fall. So whether it's Bitcoin or Auntie, we can really take advantage of this pullback to position ourselves. After buying, don't rush; in 2-3 months we should witness a miracle! Looking back at the market, the morning gave a bullish idea, and the subsequent trend also met expectations, peaking around 94,300 just now. We took profits timely, with the morning trades netting 510/77 points for Bitcoin and Auntie respectively. The market has once again pulled back, and today's strategy has been set, basically revolving around the pullback for trading! #BTC☀ #ETH🔥🔥🔥🔥🔥🔥
Currently, the price has stabilized above 93,500, and the bullish momentum is gradually showing an increasing volume. From the four-hour chart, we can see that each pullback is the best opportunity for everyone to enter trades. From the overall technical perspective, there is still room for upward movement. The short-term pressure level is around 95,000; if this level is broken, the upper range will be completely opened, and we can boldly look towards 97,000. In the short term, the current pullbacks are showing small bearish movements that are hardly worth mentioning; we are still in a bottoming phase, just waiting patiently for further upward movement.
Bitcoin can be traded around 93,000, targeting near 95,000.
Ethereum can be traded around 3,400, targeting near 3,500.