The bullish logic behind this round of rally is based on a complete trend structure and capital signals. After the price completed a consolidation bottom at the previous low, it formed a standard bullish structure with successive higher highs and higher lows. The middle band of the Bollinger Bands continued to slope upward, providing core support for the trend continuation. During the rally, the body of the bullish candles kept enlarging, and when breaking through key resistance levels, the trading volume effectively increased, indicating that bullish funds are actively entering the market to drive the trend, rather than a weak rebound. After trend confirmation, we directly follow the support levels to enter long positions, holding in the direction of the trend. When the price reaches the target area, we decisively take profits, avoiding the risk of missing out and securing the gains, fully realizing the profits from this bullish phase.


Trading Suggestions
Bitcoin: Buy near 81,900-81,600, target 83,100
Ethereum: Buy near 24,370-23,500, target 24,200
ETH-0.46%
BTC0.41%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin