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In the face of trends, all pullbacks are signals to add positions. Don't let fear of short-term fluctuations cause you to miss a complete bullish market. Every second of hesitation now is making way for others' profits. Stay confident in the bullish outlook, follow the trend, and the market will give you the most direct returns.
Bitcoin started rebounding from the previous low of 74,868, continuing its strong upward move yesterday. After breaking through the 80k integer level, it surged to around 81,745, then slightly retreated to around 81,000, remaining in a strong zone between the upper and middle bands of the Bollinger Bands.
Ethereum, synchronized with Bitcoin from 23:59 to 23:52 in the early morning, is in a "following the rally without leading" state, fitting the recent rotation rhythm of mainstream coins.
Today, Bitcoin's 4-hour chart has formed a complete upward channel, with the price holding above the middle Bollinger Band at 79,789. Currently, it is trading below the upper band at 82,042, and the bullish trend remains intact.
Yesterday, net capital inflow was nearly 80k, with buying pressure continuously supported. The intraday low of 80,127 did not break the previous support level, and bullish forces hold absolute dominance.
On the daily chart, the Bollinger Bands are opening upward, with the MACD histogram continuing to expand, indicating sustained bullish momentum.
Although the KDJ indicator is approaching overbought levels, in a strong trend, overbought conditions only cause minor pullbacks, not reversals. Every pullback is an opportunity for bulls to add positions.
Bitcoin: 80,600 bullish, target: 82,400
Ethereum: 2,330 bullish, target: 2,500