#BTC重返10万
Tuesday afternoon, Bitcoin Ethereum short-term strategy!
With the market sentiment gradually warming up and institutions increasing their holdings, the enthusiasm in the crypto market has reignited. Last night, the price of coins soared and directly broke above the stable 100,000 mark. The bullish strategy of continuous trading was once again validated. As the price of coins stands above the 100,000 mark, it brings great confidence to investors and also injects vitality back into the entire cryptocurrency market.
Currently, although the price of coins has shown some pullback in the short term, the trend indicators across various cycles resonate with a bullish trend. After a significant bullish rise in the 4-hour K-line, the gains were not quickly retracted, but instead, it continues to maintain a high-level oscillation and consolidation rhythm. The bullish formation remains, and although the hourly K-line has shown a pullback, the intensity is not strong. The 100,000-101,000 area below has already shown some support signs. It is expected that after the pullback adjustment, the bullish trend will continue to rise further.
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Regarding Ethereum, it also followed Bitcoin's upward pressure yesterday, with the high point reaching around 3744, followed by a pullback adjustment, which was also relatively weak. The 4-hour continuous long wick K-lines indicate that there is obvious buying support below. In terms of operation, continue to refer to the morning strategy, mainly focusing on entering bullish positions after the pullback.
On Tuesday afternoon, Bitcoin will continue to enter bullish positions in the 101,000-101,500 area, with a short-term target still looking at the 103,000-103,500 area, and the swing target remains around 105,000.
For Ethereum, continue to refer to the 3600-3630 area for bullish positions, with the bullish target near 3800 remaining unchanged!
January has many overall favorable factors, including FTX cash payouts and a potential influx of 16 billion USD.
On January 20, Trump will take office, and a series of cryptocurrency bills are on the way, especially regarding BTC strategic reserves and the changes in leadership at the SEC, Federal Reserve, etc. The news may begin to be digested in advance, ushering in a high point for cryptocurrency without obstacles. As the year-end approaches, seize the opportunity to turn the tide in one fell swoop!
