Trading Philosophy: Look at trends in the long term, find entry points in the short term;
Technical Analysis: In terms of Bitcoin, the daily level closed with a small bearish candle, the Bollinger Bands continue to narrow upwards and there are signs of opening again. The MACD moving average continues to move downwards, bearish volume continues to increase, and the KDJ line continues to diverge and move upwards. At the 4-hour level, the Bollinger Bands have started to flatten out, and the market has currently rebounded above the middle line of the Bollinger Bands and has not come down since. The MACD moving average continues to move gently upwards, bearish volume continues to decrease, and the KDJ line is moving upwards;
In terms of Ethereum, the daily level closed with a bullish candle again, breaking a new high near 3750. The Bollinger Bands continue to open upwards, the MACD moving average continues to move upwards, bullish volume continues to increase, and the KDJ line is moving upwards. At the 4-hour level, the Bollinger Bands continue to open upwards, and the MACD moving average also continues to move upwards, bullish volume is increasing again, and the KDJ line is moving upwards;
In summary, the market has overall retraced to support and then started to rise again. The low long strategy given a few days ago has been validated again, with the targets of the long positions at 97500-3700 all exceeding expectations. During this time, there was no real-time reminder for a steady take profit, all of which can be verified!
Operational Suggestions: Continue to buy on the dips!
Long Bitcoin in the 95700-96300 range, target 97500-99000, with a stop loss at 94500;
Long Ethereum in the 3640-3670 range, target 3750-3800, with a stop loss at 3600;
