After Ethereum's rise, Bitcoin is also up, and the market completely exceeded everyone's expectations. It's so crazy; is this still the cryptocurrency world I know? Friends who shorted must feel like the sky has fallen when they wake up. The strategy of waiting for a pullback after a rise is still effective. The long position set up in the early morning was entered at 121500, and exited at 123454 when the price increased. This secured a steady profit of 1954 points. Currently, the market's bullish momentum is high, and the trend fully validates Lao Tang's strategy.
On the 4-hour K-line chart, a four consecutive green candle pattern is presented, indicating a steady upward trend. The market demonstrates the bulls' ability to control, which is very stable. At the same time, the continuous refresh of historical highs indicates that market sentiment is continuing to heat up. The rising channel has been opened, and the pullback points are all higher than before, with each rebound breaking through previous highs. Highs are constantly being refreshed, and lows are continuously moving up. After a continuous rise, the market may welcome a technical pullback. However, this kind of pullback is often a normal correction rather than a downturn reversal. Subsequent operations are recommended to wait for the market to pull back before selecting an opportunity to enter long positions.
Bitcoin strategy: Long around 123000-122500, target near 125000
Ethereum strategy: Long around 4700-4670, target near 4800 near $ETH #主流币轮动上涨


