As the market gradually strengthened, the exchange rate rose to 58153 points in the morning and then encountered resistance and pulled back. Our early trading strategy recommends going long in the 56600-56300 range. The market has rebounded nearly 1,000 points. Although the pullback is slightly higher than expected, the overall trend is still upward as expected. From the current 4-hour line, the market has obviously reversed, and the exchange rate continues to fluctuate upward. There is a correction after each surge, but the pullback is small, and the overall trend remains oscillating upward. The low point on the hourly line continues to move up, and the exchange rate continues to climb in the upward channel. Therefore, under this upward trend after the reversal, focus on the continuation of the bull market, and take a small wave when retreating. Why not? At present, we continue to maintain our thinking.
Bitcoin 56800-56500 long, target around 58000
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