Good morning, brothers! Did everyone catch this wave of long positions? Lao Hu reminded us last night that Bitcoin was supported around 86000—86500 for long positions. The U.S. stock market opened low, causing the market to retrace, providing a perfect entry opportunity. Then the market surged to a high of 88100. This morning's second retracement once again gave a signal to get in. It's understandable to miss the first chance, but if you hesitate again this time, you will truly miss out on profits. Lao Hu has been tracking in real time, entering Bitcoin at 86227 and exiting at 87625, securing a profit of 1398 points; entering Ethereum at 2868 and exiting at 2946, gaining 78 points. Follow Lao Hu's rhythm, profit is never accidental. For those still observing, there are still opportunities in the market ahead, keep up with the rhythm and let's all enjoy the gains together!
Looking at the overall market, the 86000 line has been established as a short-term bottom. This position is not only a key support level from the previous pullback but also forms a double support band with the middle line of the 4-hour BOLL indicator. Recently, the market quickly stabilized after retracing to around 86000, with sufficient buying strength. The stabilization candlestick also verifies the effectiveness of the support. The current price has stabilized above the support band, and a rebound trend has been tentatively established. In the short term, we should first pay attention to the resistance at the 1-hour BOLL upper band of 88100. If it breaks through effectively, it may aim for the previous high of 89200. In terms of operations, Lao Hu suggests laying out long positions based on the support band below and gradually looking towards the target as the rebound rhythm progresses.
Operation suggestion
Bitcoin long near 86800—86300, target looking at 88100—89200
Ethereum long near 2930—2900, target first looking at 3000$BTC $ETH


