The overall market trend still aligns with expectations; yesterday's pullback exceeded predictions, with the market quickly dropping to a low of 74,203, but the bulls regained strength rapidly, recovering lost ground and returning above 77,000, reaching a high of 77,427.



Previously, I repeatedly advised friends entering long positions that patience is key; holding positions is crucial to capturing market profits. Yesterday, I set up long positions around 76,000, with two additional buy-ins raising the average to 75,500. Despite deep corrections, I did not exit at a loss, steadfastly holding my position. Bitcoin successfully gained nearly 2,000 points in profit, while Ethereum also achieved close to 100 points in gains.

From midnight to early morning, market volatility increased, with a short-term dip stabilizing before another upward move. Currently, the market's rise and fall are rapid, with quick switches, making short-term trend changes normal. The quick pullback combined with strong rebounds indicates that simple time adjustments are no longer sufficient. On the weekly chart, Bitcoin's upward trend remains solid, with volume breakthroughs just beginning. There is ample room for upward movement above, and short-term pullbacks do not alter the overall bullish trend. Focus remains on the 80,000 resistance level.

The short-term dip has confirmed bottom support, and within the day, a second pullback is likely to reinforce support. Trading strategy continues to favor buying on dips.

Sunday morning setup reference:
Bitcoin: Long positions in the 76,300-76,500 range, targeting around 78,000$BTC
Ethereum: Follow-up long positions in the 2,080-2,100 range, targeting near 2,230$ETH
BTC1.53%
ETH1.87%
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Langlang
· 16h ago
1643466464646646464
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Langlang
· 16h ago
Buy the dip and enter the market 😎
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