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Market Review, this morning the market rebounded slightly from around 80,300, reaching a high of about 81,270. In the evening, there was a significant pullback, and it has now reached the support zone we identified this morning, dropping to around 78,713. Today, we executed three long positions on Bitcoin and one on Ethereum, capturing a total of 2,868 points on Bitcoin and 71 points on Ethereum! The overall trend today has followed our live analysis and strategy. If brothers who follow us are paying attention, they should have been able to secure a good profit space.
Bitcoin has now reached the lower support area, and on the four-hour chart, it is also at the lower band. There is a high probability of a rebound correction during the night. We should watch for a try to go long around 78,500-79,000, with a stop at 78,000. The target is to break above 80,300 and then look for 81,300. Once it reaches our resistance zone, we can consider short positions. Overall, tonight's strategy is to rebound and then go short!
Ethereum tonight should try to go long in the 2,240-2,220 range. This position is also a strong support zone below and is at the lower band support level. Above, focus on 2,280-2,320.