Crypto Circle Yuelin 12.30 Monday, Bitcoin, Ethereum Evening Strategy!
Dear friends in the crypto circle, good evening, I am your lucky goddess Yuelin. The daytime market has once again come to a close, let’s briefly review the daytime situation; the intraday operations were just right, although the entries were few, we did not go against the trend; since the morning, we have maintained a bullish outlook, with Bitcoin peaking at around 94240 in the morning, then it pulled back to 93181 after a high, the price rebounded again to around 94000. We did not go against the trend and entered long at around 93315, waiting to exit when Bitcoin rises to 93700. Bitcoin gained about 400 points, and currently, the market is in a fluctuation, making short-term adjustments relatively easy.
The daily candlestick of Bitcoin shows a flat cross K-line with a corrective movement. The daytime trading oscillated above the critical level of 93800, producing a rebound correction, but the evening session still provided some pullback, with the lowest retreating to around 93100. Bitcoin basically remained in a small range during the daytime, limiting short-term upward momentum. Currently, the daily chart is entering a weak oscillation with partial corrections. After the previous large bearish K-line decline, it has not been able to break the low further, with a partial double cross small bullish line correction, waiting for another momentum. The K-line structure still leans towards a downward trend, and it has already reached a bottom, preparing to gain strength for a rebound. Our bullish outlook for the future remains unchanged.
In the evening, Bitcoin can be bought at 93800-93500, targeting around 95500; Ethereum can be bought at 3400-3380, targeting around 3480. $BTC #加密ETF申请热潮涌现