Two consecutive days of predicted recovery have played out as expected, with the market bouncing back after retesting the 79,200 support level last night, fluctuating upward to 81,500, a short-term rally of over 2,000 points.


Remain committed to a low-position long strategy for the day, with all three trades steadily profitable, capturing 3,233 points in Bitcoin and 83 points in Ethereum.

The market recovery trend continues, with ongoing breakthroughs in the evening, showing strong bullish reversal intentions.
The 4-hour chart shows a large bullish candle reclaiming most lost ground, with indicators showing a bullish crossover below the waterline, indicating ample bullish momentum; the 1-hour Bollinger Bands are opening upward, with prices breaking through resistance and running along the upper band, volume increasing in sync, and market bullish sentiment is consistent.
The midnight strategy remains unchanged, continuing to look for low buy opportunities to ride the trend higher.

Bitcoin: Long around 81,000, target 83,000
Ethereum: Long around 2,280, target 2,380
BTC1.85%
ETH2.63%
View Original
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
  • Pinned