Where there are children crying every day, where there is a market falling every day! Although last night did not bring a surge of sharp rise, our bullish strategy analysis was still validated. Starting from yesterday morning, Bitcoin retraced to around 79,137, confirmed support in the afternoon, the market stopped falling, and so far, it has risen to around 80,641. We entered long positions on Bitcoin near 79,381, and exited when it reached 80,586. The long position gained 1,205 points, with a profit of 60k yuan in Luodai!

Looking at the daily chart of Bitcoin, this wave of correction aligns with recent market trends, characterized by oscillating upward movement. Every time it breaks a high, there is a retracement. Yesterday, it bottomed near the 79,000 level, with a long lower shadow on the daily candle. Today, a small bullish candle is forming upward. Over the weekend, the market may continue to dip in the short term, but the retracement still presents opportunities for us to enter long positions. On the 1-hour chart, after the price stabilized above the lower band, the bulls began to rebound, pushing up to the upper band and forming a wave of oscillating upward movement. The market keeps breaking through resistance, but weekend pressure has slowed the pace. Ethereum shows a similar pattern, with an obvious bullish trend. The bullish outlook remains unchanged. Today, look for a retracement to enter long positions.
Bitcoin around 80,000, target near 81,500; Ethereum around 2,300, target near 2,360.