$BNB Today's early market, the market trend once again demonstrated its upward momentum. We have previously indicated that any pullback is a good opportunity to increase long positions, and also suggested that when breaking through key resistance levels, one can enter long positions with a small amount. I wonder if all investors have seized this opportunity and enjoyed the benefits of the market's rise. In the early session, the price of Bitcoin once climbed to 69,566, while Ethereum also reached a high of 2,770. It is worth noting that last week's significant rise in Bitcoin did not correspondingly drive Ethereum's increase, but in today's early session, we successfully laid out a long position in Ethereum near 2,704 and closed it when the price rose to 2,751, thus earning a profit of 47 points. The market's trend is still under our control, and I hope every investor can catch the first wave of rise this week.
The price has once again refreshed its historical high, successfully breaking through important round numbers after two trading days and weekend adjustments, moving towards new highs. In this strong upward trend, the peak seems difficult to predict, so following the market trend is currently the best operational strategy. As long as investors can find the appropriate entry points, they can obtain certain returns to some extent. The price continues to show strong upward momentum, with consecutive bullish candlesticks on the daily chart indicating market strength, and there are currently no signs of a pullback, suggesting that the peak formation has not yet occurred, so maintaining a bullish stance is reasonable.
On the 4-hour chart, the market has demonstrated strong upward momentum, and even with slight pullbacks, the price is quickly pulled back up. Currently, the middle track of the Bollinger Bands is regarded as an important support line for bulls, with yesterday's lowest point becoming the dividing line for market strength. In today's trading, we recommend using the middle track of the Bollinger Bands and the low point of 68,000 as defense points, continuing to maintain a strategy of buying on dips. Investors should closely monitor market dynamics and adjust their trading strategies based on real-time data. In the current market environment, maintaining flexibility and patience is crucial. At the same time, attention should also be paid to risk management to ensure that while pursuing profits, one can also protect their investments.