Emotional rises cannot last, this wave of short has been waiting for a long time, it's just following the trend, those who don't understand how to ambush can only become leeks, and then wait to be harvested.
Breaking limits leads to rebirth; breaking perspectives allows one to reach new heights. The current form has already taken shape and will inevitably surge to new heights.
Bitcoin at 118,000 has publicly indicated a rise; it has currently surged to 123,000, another 5,000 points secured.
Ethereum at 2,920 as the line; the highest target has surged to 3,066, securing another hundred points.
Monday Morning Thoughts: Bitcoin saw a bullish increase last night, rising from around 117700 to about 119600, currently fluctuating around 119000.
The daily candlestick shows a bullish increase with a strong trend. On the four-hour chart, there is a bearish increase with a doji, and the Bollinger Bands are gradually narrowing, with resistance to watch around 120500.
On the hourly chart, there is a bullish decrease in volume with a closing candlestick, while support is seen in the 117500-118000 range. Caution is advised for potential pullback risks, and trading strategies can be based on breakout conditions.
Bitcoin target at 118000, aiming for 119500-121000.
Brothers, this week has once again arrived at a boring weekend
Those who have been following me for a long time know that I have been on the path of flipping for a while, and I have successfully partnered with hundreds of partners to achieve flipping!
In the new week, to give back to both new and old partners, we are launching the flipping plan, with limited spots available, so act fast!
Brothers, the good news has ended, and the market has already exited. This game should come to an end. How many people hold on to their beliefs, and how many give up halfway?
I don't want to explain more; those who understand will naturally understand, and there will always be like-minded people walking alongside.
After the four-hour chart of Bitcoin saw consecutive bullish candles, the bullish trend has faced resistance and slowed down. The candlestick body has shrunk and shows some upper shadows, indicating that selling pressure is emerging above, and bullish momentum is weakening. If trading volume does not continue to follow up or even shrinks, it may stagnate after touching previous resistance levels or important moving averages, leading to a potential short-term pullback. It is recommended to participate in high short positions at midnight.
Enter the range of 113700-114500, with a target of 111000.
Yesterday, the Auntie market showed volatility, touching a low of 2180 before a "deep V" rebound, currently at a temporary high, and the trend is unclear for now.
On the technical side, the EMA moving averages are in a short-term bullish arrangement, but there is a phenomenon of narrowing distances between moving averages of different periods, suggesting a weakening of upward momentum and a flattening of the market forces. It is recommended to adopt a range trading strategy of selling high and buying low.
Yesterday, Bitcoin's price fluctuated upwards, maintaining a range-bound movement. Currently, the market shows significant polarization; although short-term volatility is active, the short-term moving averages have not crossed above the long-term moving averages, lacking effective breakout signals. Additionally, repeated attempts to break the upper Bollinger Band have been met with resistance, indicating strong resistance above.
Therefore, it is recommended to primarily adopt a high-concentration strategy in the short term.
Bitcoin range 107000-106700 concentration, target 104000