This morning, another 1 billion USDT was issued! Institutions are really crazy now, basically entering through Tether in tens of billions almost every day. Everyone is waiting for a big correction in Bitcoin, but in the end, they all rush in to buy. If you think about it carefully, the craziness of Bitcoin is not without reason, with various favorable factors emerging one after another. I hope everyone can seize this opportunity well. Looking back at the market, Bitcoin attempted to break the 100,000 mark in the early morning but failed, pulling back to around 98,000 currently. Our recent strategy has repeatedly mentioned the idea of buying on the pullback. Of course, all arrangements are planned in advance and implemented accordingly. From yesterday until now, we have captured a total of about 5000/280 points in Bitcoin! The plan has been made, and the rest is just to implement it seriously; basically, everything is under control!
From the current structure, the price of the coin is entering an adjustment trend after a high and a pullback in the short cycle. Currently, the correction is proceeding with a price correction trend, and the pullback is also limited. It can also be understood that the correction is merely a method for the bulls to build momentum. After all, the upper space is relatively sufficient; as long as there is no deep pullback or spike in the short term, it is not enough to form a reversal. For the follow-up, we will still treat it as building momentum, and after the trend completes, price comparison will once again see a rise. #BTC☀ #ETH🔥🔥🔥🔥
Bitcoin is trading around 98,300-98,000, with a target of 100,000, while Ethereum is trading around 3,360-3,340, with a target of 3,450.