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4.6 Morning Analysis
The bullish sentiment in the early session has fully erupted, and the market has experienced a strong surge. Bitcoin has broken through the 69,000 level in one go, with a fierce bullish attack. The four-hour volume continues to expand, and the upward momentum is strong. The rally in the early session has steadily continued, and the trend is clear. The long positions laid out over the weekend have been perfectly realized, precisely capturing this round of upward movement, gaining 2,700 points, with Bitcoin comfortably pocketed at 27,000.
Currently, the market is dominated by bulls, and short-term pullbacks are seen as low-entry opportunities, making trend-following strategies more effective.
Trading Suggestions:
Buy in stages within the 68,800–68,500 range for Bitcoin, targeting around 70,000–71,000.
Buy in stages within the 2,100–2,120 range for Ethereum, targeting around 2,180–2,200.