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There are no unwarranted paths in the crypto world; taking the right path yields gains, while the wrong path is a lesson. Both are worth taking seriously. Yesterday, during the white trading session, a volatile upward pattern emerged, with the highest point reaching 78,180 before pulling back under pressure. When the US stock market opened, it continued to decline, reaching a low of 76,696, then quickly recovered and stabilized with a rebound. During yesterday’s white session, we repeatedly seized the retracement opportunities, decisively entered long positions, and all longs were closed with profits. This demonstrates our trend control; following the strategy means following the profits!
From the current market situation, the daily chart shows two consecutive bullish candles, with a more evident deep V-shaped structure. The subsequent upward trend is also the general trend, although the rise is slow, it’s just the calm before a major market move. Returning to the four-hour chart, after a quick pullback near the midline this morning, the price rapidly recovered and moved upward, indicating solid support below. The bullish momentum is gradually emerging. In the short term, maintain the strategy of low buy-ins; patiently wait for the market to retrace before adding long positions!
BTC: Enter long around 77,000, target 78,000, break above to 79,000
ETH: Enter long around 2,110, target 2,180, break above to 2,250