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Only by aligning your understanding with the pace of market development can you accurately grasp market opportunities, protect your wealth, and maintain the initiative in an unpredictable market.
Yesterday, Bitcoin showed a pattern of first declining then rising, pulling back to the 78,869 level intraday before the bulls began to build momentum for a rebound, recovering losses.
In the evening, the bulls accelerated the rally, reaching a high of around 81,999 before slowing down.
Ethereum followed a similar pattern, dipping to the 2,237 low in the morning before consolidating sideways during the day, then leveraging the buildup to surge higher in the evening, reaching a high of around 2,318 overnight.
Last night, precise positioning was made for long positions: around 79,500 for Bitcoin, entering the market, with a precise stop at 81,500, capturing 2,000 points of profit.
For Ethereum, around 2,250, with a precise stop at 2,300, capturing 50 points of profit.
Although the current market shows a pause and consolidation, the strength remains, with quick recovery after partial pullbacks, indicating potential for further upward movement during high-level consolidation.
On the four-hour chart, the dual moving averages remain in a bullish alignment, with the correction space being a normal adjustment, showing no signs of weakness.
The short-term structure is relatively strong, indicating limited depth for a deep correction.
Correction is a natural part of the upward process, releasing bearish momentum and reducing obstacles for the bulls, paving the way for future gains.
For the bulls, this is not only a necessary adjustment but also a sign of healthy development, with continued momentum to break higher in the future.
On Friday, consider going long around 81,000 for Bitcoin, targeting 82,500-83,500.
For Ethereum, go long around 2,260-2,270, targeting 2,350-2,400. $BTC $ETH #比特币V型反转