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Yesterday, Bitcoin surged higher then entered a sideways consolidation at high levels, and in the evening it pulled back for a correction, providing a low-entry opportunity. Currently, the market is in a phase of decreasing volume and consolidation, but this does not indicate that the bulls are losing strength; rather, it is the main force cleaning out floating positions and accumulating at low levels as part of a normal rhythm.
From a structural perspective, the bottom support level is gradually rising, and the support below is becoming more stable, indicating that the overall bullish trend remains unchanged. The current range-bound fluctuation is a period of gathering strength and rest, using time to exchange for space, and there is still ample room for upward movement later on.
Trading reference:
Rely on placing a buy order around 76745, with the first target at 77350, the second take-profit at a breakout above 78000, and then look at 79000, 79800.
Ethereum yesterday had buy orders around 2115, with the first take-profit at 2135, gradually reducing positions, and continuing to watch for a breakout above 2148. If it’s difficult to break through, you can exit the position.
As for Bitcoin yesterday, both Bitcoin and Ethereum hit the second take-profit targets. The upcoming subscription will be shared with everyone before 2 o'clock. #TradFi交易分享挑战