The realm determines the world, and interests are the driving force behind execution. In the face of trends, it’s not about how many good ideas you have, but how many of your good ideas are implemented. One who does not consider the overall situation is not fit to strategize in a single area. Profit is not luck, but a choice; earning is not just a hypothesis, the most important thing is to take action. Profit and loss are not nouns, but verbs; market trends are not about giving up, but about mastering. After the afternoon BTC pump, the short-term market has once again entered a period of sideways movement. In fact, this week has been mostly like this. Whether it's a brief pump or a brief drop, they are accompanied by a certain period of sideways movement. This is the corrective method we often mention, trading time for space. The short-term market volatility has been compressed, and it has mostly remained sideways during the day. Therefore, the focus during the day is mostly on short-term positions. Gradually accumulate your position and continue to push later. Right now, we are just waiting for the evening U.S. stock market opening trend. Later, there will be a live broadcast on Gate, so those interested can follow along.
From the current market perspective, the moving average indicators are still showing an upward trend. The short-term market needs some time for consolidation to better push the price upward for a breakout. Looking at the 4-hour K-line structure, there is an alternation of bullish and bearish candles, forming a bottoming rebound. Currently, it has regained the middle track of the four hours. After the bulls have expanded their volume, there is a slight pause, and the trend is accumulating strength for the next rise in the market. Overall, the larger direction is still bullish. Although the bulls have experienced a local pause after the increase in volume, this is only temporary, and the market still has the potential for further momentum. The previous rise and rapid fall were also expected moves in the market. The current technical structure is showing a trend of gradual rise while consolidating and correcting. The indicators are still pointing upwards. Therefore, in terms of operational strategy, it is still recommended to follow the bullish trend.
On Thursday evening, BTC is hovering around: 112500-112000. You can directly go long, targeting to follow 115000. ETH 4570-4550 can directly long, target follow 4680
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The realm determines the world, and interests are the driving force behind execution. In the face of trends, it’s not about how many good ideas you have, but how many of your good ideas are implemented. One who does not consider the overall situation is not fit to strategize in a single area. Profit is not luck, but a choice; earning is not just a hypothesis, the most important thing is to take action. Profit and loss are not nouns, but verbs; market trends are not about giving up, but about mastering. After the afternoon BTC pump, the short-term market has once again entered a period of sideways movement. In fact, this week has been mostly like this. Whether it's a brief pump or a brief drop, they are accompanied by a certain period of sideways movement. This is the corrective method we often mention, trading time for space. The short-term market volatility has been compressed, and it has mostly remained sideways during the day. Therefore, the focus during the day is mostly on short-term positions. Gradually accumulate your position and continue to push later. Right now, we are just waiting for the evening U.S. stock market opening trend. Later, there will be a live broadcast on Gate, so those interested can follow along.
From the current market perspective, the moving average indicators are still showing an upward trend. The short-term market needs some time for consolidation to better push the price upward for a breakout. Looking at the 4-hour K-line structure, there is an alternation of bullish and bearish candles, forming a bottoming rebound. Currently, it has regained the middle track of the four hours. After the bulls have expanded their volume, there is a slight pause, and the trend is accumulating strength for the next rise in the market. Overall, the larger direction is still bullish. Although the bulls have experienced a local pause after the increase in volume, this is only temporary, and the market still has the potential for further momentum. The previous rise and rapid fall were also expected moves in the market. The current technical structure is showing a trend of gradual rise while consolidating and correcting. The indicators are still pointing upwards. Therefore, in terms of operational strategy, it is still recommended to follow the bullish trend.
On Thursday evening, BTC is hovering around: 112500-112000. You can directly go long, targeting to follow 115000.
ETH 4570-4550 can directly long, target follow 4680