Trading Philosophy: Look at the trend in the long term, find entry points in the short term;
Technical Analysis: Regarding Bitcoin, the daily level has once again closed with a bullish candle, the Bollinger Bands continue to open upwards, and the MACD moving average has turned upwards again, with bullish volume starting to increase again; the KDJ line also starts to move upwards. At the 4-hour level, the Bollinger Bands are slowly opening upwards, the market, after a period of sideways fluctuation, is gaining momentum to break upwards. Currently, it is running near the upper Bollinger Band, the MACD moving average continues its upward trend, bullish volume is gradually increasing, and the KDJ line is also moving upwards;
Regarding Ethereum, the daily level has closed with a bullish candle again, the Bollinger Bands continue to open upwards, the MACD moving average is also turning upwards, bullish volume is starting to increase again, and the KDJ line is also moving upwards. At the 4-hour level, the Bollinger Bands continue to open upwards, the MACD moving average has also started to move upwards, bullish volume is starting to strengthen, and the KDJ line is moving upwards;
In summary, the overall market trend has strengthened after a period of sideways consolidation. Bitcoin has broken new highs near the 100,000 mark, and Ethereum, after a period of sideways movement, has shown the expected bullish trend! The low bullish strategy deployed yesterday, although Ethereum hit the stop-loss, successfully entered again. Bitcoin's entry position is quite suitable and has successfully reached our target near the 100,000 mark. It is expected that the market will continue to consolidate, and aggressive traders can short, while conservative traders should wait for a pullback to enter long positions!
Trading Suggestions: Aggressive short, conservative long at low positions!
Short Bitcoin in the 98700-99300 area, target 97000-96000, stop-loss at 100000;
Long in the 96000-96500 area, target 98000-100000, stop-loss at 95500;
Short Ethereum in the 3420-3450 area, target 3300-3250, stop-loss at 3470;
Long in the 3250-3280 area, target 3380-3450, stop-loss at 3220;