Yesterday midday, it was suggested to first look for a pullback to 119300 before going long. The market data hit a low of 119200, perfectly executed, and in the evening, there was a strong Rebound to 123894. The overall strategy is highly consistent with the market, providing a space of 4700 points. The low-position Ether long order also provided about 130 points of space.
From the current market data, the four-hour continuous bullish candles tested the upper Bollinger Band before pulling back, leaving a long upper shadow; short-term resistance is evident, but support is clear, with prices still close to the upper band, and the lows continue to rise, indicating that bulls are consolidating and building momentum. On the hourly level, there is a breakthrough of the upper band, with volume being released and the upward trend being stable. Overall, the future market will still be dominated by bulls, focusing on building long orders around the lower levels. Buy the pullback near 121300-120500 on Bitcoin, targeting 123800-125000. If it breaks through, look to go up in the trend towards #GatePerpDEX正式上线 #成长值抽奖赢iPhone17和周边 #加密市场反弹 #BTC #ETH .
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Yesterday midday, it was suggested to first look for a pullback to 119300 before going long. The market data hit a low of 119200, perfectly executed, and in the evening, there was a strong Rebound to 123894. The overall strategy is highly consistent with the market, providing a space of 4700 points. The low-position Ether long order also provided about 130 points of space.
From the current market data, the four-hour continuous bullish candles tested the upper Bollinger Band before pulling back, leaving a long upper shadow; short-term resistance is evident, but support is clear, with prices still close to the upper band, and the lows continue to rise, indicating that bulls are consolidating and building momentum. On the hourly level, there is a breakthrough of the upper band, with volume being released and the upward trend being stable. Overall, the future market will still be dominated by bulls, focusing on building long orders around the lower levels.
Buy the pullback near 121300-120500 on Bitcoin, targeting 123800-125000. If it breaks through, look to go up in the trend towards #GatePerpDEX正式上线 #成长值抽奖赢iPhone17和周边 #加密市场反弹 #BTC #ETH .