It's the weekend again, and the market is once again being compressed. The oscillating range of the market will continue. Although the range yesterday was not very large,
there were several ups and downs, and the speed was quite fast. However, as long as we maintain a low long position entry, we won't get cut.
Continue to maintain the main long position entry during the pullback. Although the bulls have been performing weakly recently, I still hope everyone does not get overly excited and short at low positions.
In terms of operation, it is recommended to continue going long around 93200-93700 for Bitcoin, with a stop loss at 92500 and an upper target around 98500.
The range consolidation will continue for a while. It is currently at the bottom of the box. It is recommended to go long at the current price based on the support level! The first target above is 98500, 3450
After each market starts to fluctuate, it is the best trading option not to bet on the shock break. There may be one or two times when it will go out of control, but compared with the probability of regular market conditions, most of them are still normal adjustments.
If it is pulled up this time and then breaks through the new high, it will really keep this rising trend line. In the future, we can only seek bearishness at a higher position, and this rebound will also become an adjustment, so we must be fully prepared mentally.
Careful players can check the price trend of coins after Christmas in previous years. It is indeed easy to breed this kind of opening rise behavior. The problem is how long it can last.
Go long near 95,000, reserve space for replenishment near 93,500, stop loss with 800 points, target 98,000-99,000, break above 100,000 and look at around 101,500
Bitcoin has once again surged and then retraced. I initially thought the market would break out this month, but given the pressure zone around 100,000 above, it has repeatedly tested but failed to break through.
The price has not yet broken through the daily midline, and it still feels a bit lacking. Currently, it remains in a weak adjustment phase, and the key support below has not been broken, so a significant drop is not likely.
Therefore, I expect that range consolidation will continue for a while. In terms of news, as the cryptocurrency market gradually changes, the short-term impact on prices won't be as significant as in the past.
In terms of operations, it is recommended to buy Bitcoin around 94,800-95,300, with a stop-loss below 94,000, and a target looking towards the area around 98,500.
Currently at the lower level of the box, it is recommended to go long at the current price relying on the support level! The first target above is 98500, 3450
In the early session, Bitcoin surged to around 99950 and then retreated to a low near 95150. The morning strategy was to short from 98000, and the pullback was relatively significant, resulting in a profit of exactly two thousand five hundred points.
In simple terms, there is still a divergence between bulls and bears in the short term, as Bitcoin is approaching the hundred thousand mark. Currently, the short-term profit-taking and buying pressure are at odds.
Overall, the market has once again entered a range structure. The high-position short positions established yesterday and today have exceeded expectations for profit-taking, and we are currently at the lower end of the range. It is recommended to go long based on the support level!
In terms of operation, it is advisable to go long near Bitcoin 94800-95300, with a stop loss below 94000 and a target around 98500.
Similarly, Ethereum is in a box structure. If it continues to break through the bottom of 3200, the bulls will start to attack 3500 again. It is currently near the support level. Before it breaks through, it is recommended to operate mainly low and long.
Eliminate all speculation; has been consistently suggesting to buy near 93000. The bullish stance is firm, whether it's short-term or swing trading, the overall space is still quite good.
The Bitcoin intraday market remains in a wide range of fluctuations. It has rebounded after touching a low near 97500, and the current price has returned to the area above 99000.
The key focus going forward is the resistance at the 100000 line. If it breaks through this area again on a rebound, the expected price increase will likely continue further.
In the short term, the Bitcoin market has entered a repair and consolidation phase. Although there have been fluctuations of several thousand points throughout the day, the current range pattern has not been broken. If the market breaks through 100000, consider going long.
In terms of operations, it is recommended to short Bitcoin around 99200-99700, with a stop loss at 100500, and aim for a target near 96500.
Today, we arranged the long position idea of retracement yesterday, 106200, long position near 3923, and pulled up to 107600 in the evening, there is still more than 2,000 points of space, and then fell again. The market retracement also provides an opportunity to enter more.
At present, the overall trend, whether in structure or news, tends to match the upward trend of the bulls, and the idea is still to be bullish!
From the short-term 1-hour pattern, the shorts touch the support range and shrink the volume. The overall follow-up will have a large upward space.
In terms of operation, long positions are entered near 102500-103200 for Cake, with a target near 107500; long positions are entered near 3780-3820 for Ethereum, with a target near 3970.
Conservatives can primarily go long, after all, with the large-scale trend remaining bullish, the risk of shorting outweighs the potential gains. Enter long for Bitcoin and Ethereum at the current price, with the first target above at 107,500 and 3,950.
The bullish trend continues, Bitcoin has once again broken the historical record, surpassing 108,000, very close to 110,000. Do not doubt the determination of the main players, do not guess the peak.
Go with the trend, firmly execute this strategy, and follow the main players to operate in the direction of the trend. This market will consistently maintain a high win rate and a stable operational model.
In such a strong bull market environment, even if the coin price retraces by 10,000 points, so what? Will it not ultimately turn around and continue to rise? This is the strength of a bull market.
In terms of operations, it is recommended to buy around 104,200-104,700, with a stop loss at 103,500 and a target of around 107,000.
Recently, I have been on the road to long positions. The price of the big cake is more than 106,600, and the big cake has 1,500 points of space to pocket.
On the 4-hour level, the price continues to stay near the upper Bollinger band, and the price trend is strong. Bitcoin and Ethereum are currently in a long position, with an upper target of 108,000 and 4020 respectively.
The SOL rebound is looking good, and there is a possibility for further gains. You can consider entering a long position when it retraces to around 220.
The first target is 230; if it can successfully break through 230, then the subsequent target can be as high as 240.