Short-term entry into the sideways repair period, with still room for adjustment on the daily line, but the moving average system is in a bullish arrangement, and momentum support is strong. The core idea is to prioritize going long in accordance with the trend, betting on the continuation of a one-sided trend!
The strong rise over the weekend broke the previous downward rhythm, and last night saw a sharp drop after a high surge. From the perspective of trend structure, if this round is a healthy correction, it requires a subsequent second volume increase to confirm the continuation of the rise; considering the current pullback strength and rebound space, short-term adjustments are very likely to continue. However, the previous volume increase has driven the moving averages to diverge, and the bullish framework has not been broken. Even if the daily line has a demand for adjustment, there is still a safety margin for going long. Focus on the breakout direction of the sideways range, overall in line with the bullish trend.
Operation suggestion:
Bitcoin: Layout long positions around 90000, 90500, with a target towards 92500!
Ethereum: Layout long positions around 3000, 2970, with a target towards 3100!
