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Building momentum, Bitcoin is about to break out! Since yesterday, the market has entered a wide-range tug-of-war, with a high surge to 78,600 and a low dip to 76,500, forming no fundamental change in the overall pattern. Currently, the price is consolidating around 77,500, waiting to break out and surge higher. Our long positions arranged yesterday have also perfectly captured a thousand-point profit after the evening rebound. In trending markets, going long is the right strategy. Ethereum's fluctuations are relatively slow, in a state of waiting for a rally. Once Ethereum breaks the high, Bitcoin can stabilize above the 80,000 level. This is the core judgment of the current market: the overall bullish outlook remains unchanged.
From the overall market structure, the four-hour cycle has formed a standard double-pin bottom pattern, with two dips and pin points, effectively solidifying support and confirming the key resistance zone of the middle band. Currently, the bullish rebound momentum has not been fully released; the three moving averages are aligned and opening upward, with ample room for upward movement. The subsequent market is likely to steadily rise by trading time for space. The daily chart shows a doji-like star candle with upper and lower shadows, with all technical indicators aligned bullishly and resonating positively. The upward trend is clear; avoid blindly guessing tops or bottoms. The intraday trading approach is clear and unified, mainly favoring dips for long entries.
Friday afternoon Bitcoin: buy around 77,000, target 80,000
Friday afternoon Ethereum: buy around 2,300, target 2,450
$BTC #WCTC交易赛瓜分800万USDT