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Good morning everyone, yesterday's idea was once again validated, BTC has started a slow rise mode and is continuously pumping upwards. BTC rebounded from around 109800 to the current vicinity of 113300. This market has the potential to move up and down with a long wick candle of about 1000 points, so I said this stop loss must be set a bit wider, or you can do some short-term trading, sticking with the market. Don't be a hands-off manager; have a little respect for money, and it will return to you.
In terms of technical analysis, on the one-hour level, Bitcoin has not only formed a bullish engulfing pattern, but its MACD indicator's DIF and DEA lines are also attempting to build a golden cross. The market has begun to follow a V-shaped rebound route. Ethereum is the same; on the four-hour level, after rising from the bottom, it has entered a flag consolidation structure. This pattern is usually regarded as a continuous bullish signal. During the day, one can continue to maintain the strategy of buying on dips.
BTC can be bought at 113000-112800, looking for 115500.
Ethereum can be bought at 4100-4120, looking at 43500 #btc .