Afternoon Thoughts
The morning market trend has arrived as expected, rebounding upward after touching the lower level of 91500, reaching around 92600. Currently, it is fluctuating near the position of 92500. Our morning live trading long position perfectly followed the market, entering long positions after a pullback to the low. The Bitcoin gained 753 points, and the Ethereum gained 36 points; totaling a profit of 27,000 oil!
From the recent trend, Bitcoin continuously breaks new highs, and although there have been multiple pullbacks along the way, the bulls have not stopped. Overall, the trend is still in a bullish direction. After successfully establishing a bottom, it is only a matter of time before the market consolidates and rises. Our thinking remains unchanged in the afternoon; short-term operations continue to focus on low long positions.
For the afternoon Bitcoin: Long near 91800-91500, targeting 92500-93000.
For the afternoon Ethereum: Long near 3090-3070, targeting 3120-3140 49734976712040275866281004991695