Trading philosophy: look at the trend in the big cycle, and find the position in the small cycle;

Technical analysis: For Bitcoin, at the daily level, the Bollinger Bands open upward, the MACD moving average and the KDJ line both run upward, and the long volume continues to increase. At the 4-hour line level, the Bollinger Bands continue to extend upward, the MACD moving average runs smoothly, the long volume is slightly increased and gradually reduced, and the KDJ line runs smoothly downward. For Ethereum, the technical indicators at all levels are basically synchronized with Bitcoin;



In summary, the current market has started a steady upward trend after going out of the expected second bottoming pattern. It has been emphasized many times before that the market needs to be cautious in chasing shorts when it reaches the key support. After a period of shock consolidation, the bulls began to exert their strength. After breaking through the long restart nodes mentioned earlier, Bitcoin 69500-61500 and Ethereum 3150-3350, the momentum is unstoppable. The current trend is relatively strong, and it is recommended to focus on retracement and longs!

Reference:

Bitcoin 63000-63500 line long, target 64500-65500, defense 62000;

Ethereum 3370-3390 line long, target 3450-3500, defense 3330;

Strategy is time-sensitive, please refer to private real-time guidance!

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