Saturday Early Morning Bitcoin and Ethereum New Operating Strategy

Official Account: Gaojin Lunbi

The market has no permanent bulls or permanent bears. Whatever position you're at and whatever stage the market is in, that's how you should operate. Holding onto fixed ideas and stubbornly sticking to one path may result in a single wave of market movement taking you out. We must respect the market, follow the market, and adapt to the market. Friday remained a bloody and turbulent day. From Wednesday evening through Friday morning, Ge Jin repeatedly mentioned bullish perspectives, and the market delivered as expected. Bitcoin began pulling up from around the 70,000 mark in the early morning, providing almost no opportunity for shorters to mount significant resistance throughout the day. After consolidation and accumulation during the daytime session, bulls experienced a strong rally in the evening, forming a sustained momentum with considerable strength, currently touching a high of 73,870. Ethereum started pulling up from around 2,054 in the early morning, also consolidating and accumulating during the day, then rising in sync with Bitcoin in the evening, continuously breaking levels, currently touching a high of 2,209. For intraday layout, both Bitcoin and Ethereum hit their profit-taking levels. The early morning longs near 71,300 and near 2,111 took profits at 73,000 and 2,200 respectively, capturing 1,700 points and 89 points of space. The profit-taking at both levels aligned perfectly with our early morning strategic article targets—only the word "precise" can describe it.

From the current chart perspective, Bitcoin's daily trend continues to strengthen, once again breaking through the upper band. Market momentum is extraordinary, upside energy is robust, daily consecutive positive candles making the one-sided trend increasingly clear. On the four-hour level, the one-sided uptrend remains strong with only brief and limited pullbacks. Bulls repeatedly break new highs with volume-expanding Yang candles advancing rapidly, showing signs of continuing to challenge the 74,000 mark. Short-term: quick rises and slow declines with clear rhythm. On the hourly level, Monday's low of 65,569 intertwines with strong support, forming a step-like oscillating uptrend. After each minor pullback, bulls surge to recover. The future trend and rhythm are expected to continue, maintaining bullish outlook going forward. After rallying to new highs, guard against pullbacks from highs and observe the movement first; if pullbacks are limited, follow the trend and take long positions again.

Saturday early morning: Bitcoin near 71,800-72,000 can go long directly, targeting 73,900 and 74,500 first.
Ethereum near 2,100-2,120 can go long directly, targeting 2,210-2,250.#PI #BTC #ETH