Hello everyone, I am Gu Yue. After a significant washout, we are back in a V-shaped recovery. Bitcoin has once again broken through 100,000 USD, and Ethereum has also reached 3,900 USD. This round of washout has driven many bulls off the bus, including a lot of spot traders, resulting in many liquidations but also making many people rich. So how will the market trend moving forward? First, from the hourly chart, currently, there is support at 99,800 USD. The four-hour MACD's red energy bars are gradually increasing, and the DIF and DEA lines have formed a golden cross, breaking upwards through the zero line, indicating a gradually emerging upward trend. The direction of the market this afternoon suggests a slight pullback before the market stretches again in the evening. Bitcoin is expected to move above 101,000 USD, while Ethereum is expected to move above 4,000 USD. Today's trading suggestion is to buy on dips.
Buy Bitcoin near 99,800 USD with a target of 102,000 USD.
Buy Ethereum near 3,900 USD with a target of 4,030 USD.
There are many types of investments, and it's important to choose what suits you best. There are many paths, and choosing the right guide is crucial. I am Gu Yue, interpreting global economic news, analyzing major global investment trends, providing daily market analysis, and offering the latest trading strategy ideas, as well as professional investment consulting services to help you reach the peak of financial management. #BTC☀ #ETH🔥🔥🔥🔥