# 1.16 Morning Market Review and Trading Strategy



## 1. Market Review
Reviewing the early morning market movement, Bitcoin rebounded from the low near 71681 to the high near 73199 above; Ethereum moved in sync with Bitcoin's trend, rebounding from around 2124 to consolidate near the high around 2202.

## 2. Real Position and Strategy Layout
The bullish outlook laid out last evening successfully resonated with market action, reaching the target area precisely! Real positions synchronized with strategy layout, entering at 71900 points in the early morning and exiting with over a thousand points of profit!

## 3. Current Chart Analysis
From the current chart perspective, the 4-hour level continues to hold above the middle band of the Bollinger Bands, and the uptrend remains effectively intact. Going forward, we will maintain a bullish outlook. There is a need for pullback in the short term, and on the short-term we have already retraced to add long positions.

## 4. Trading Strategy
BTC: Long on 72400-72000, target 75000
ETH: Long on 2150-2100, target 2250
BTC3,4%
ETH10,23%
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