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Thursday early morning Bitcoin Ethereum market analysis and daily summary
The market on Wednesday has become relatively stable compared to the previous days, with significantly reduced volatility. Although there seems to be room for movement both up and down during the session, the actual operational difficulty has increased. Nevertheless, under the guidance of precise strategies, our team has successfully helped students grasp the rhythm today. During the live broadcast at dawn, we had already pointed out the entry timing for long positions, including providing the current price for long positions in the live room, synchronously entering the market around 117300. In the afternoon, we chose the right time to take profits, successfully locking in over 800 points of space. After the price pulled back to around 117500, we decisively laid out another long position to capture another 1000 points of space. Later in the evening, after confirming support with a price pullback, we continued to follow up with long positions. At eight o'clock, Lao Tian started the broadcast on time, and right as he began, he provided the current price for Bitcoin around 3750 and near 117300, which many friends in the live room followed Lao Tian's strategy.
Today's trading rhythm is clear, and the afternoon trend often sets the direction for the evening. As long as the strategy expectations are correct and the timing for entering the market is precise, trading can confidently seize profit opportunities.
The current market has a limited overall pullback, maintaining a high-level oscillation pattern over the past two days, with multiple occurrences of up-and-down spikes during the session. The daily moving average system has fully turned upwards, indicating a strong trend; however, due to the rapid short-term rise, there is a certain need for downward technical correction. The four-hour chart shows that after a price dip, it has shifted into a sideways consolidation, but the overall technical pattern remains strong. In the short term, the market is highly likely to continue its oscillating trend. On the small cycle level, the continuous oscillation and consolidation are gradually repairing technical indicators, and there is still room for a rebound in the short-term market. It is expected to maintain a tug-of-war state between bulls and bears, with a low probability of forming a one-sided trend. The strategy remains to buy on dips at midnight.
Operation Suggestion:
Bitcoin 116800-117300 range watch, look at 119000.
Ethereum 3740-3760 range, looking at 3850.
Defend below 116800, defend Ether below 3740.
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