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4.10 Morning Market Analysis
Yesterday, across the entire network, all big-pancake BTC long positions took profit with precision and closed out successfully. From start to finish, I stayed composed and accurately captured the rhythm of each wave—truly managing to “eat the fish head to the tail,” and steadily harvesting profits throughout. I remain firmly convinced of a bullish upward move; the market has perfectly matched my forecast, arriving at the target high as scheduled. My capabilities speak for themselves—no need to say more. If you can’t read the market direction, can’t nail the exact levels, and you’re facing total trading losses, just recognize Lao Guo and trade with steady confidence.
In the early hours, BTC strongly held up and stabilized, forming a solid bottom at the 70,470 low. Bullish momentum has fully erupted, delivering a one-sided strong surge. Prices kept climbing steadily upward, with the highest point reaching around 73,100. The gain for this leg of the wave was as much as 2,600 points. Currently, the market is consolidating and ranging after moving to high levels. In the short term, there’s a slight need for an overbought cooling-off and consolidation. The support zone below at 71,000-71,500 has switched to strong bullish defense, becoming the core protection range for the bulls. On the daily chart, the large bullish candle bodies are full and solid. The medium-term bullish trend remains stable and unchanged. During the day, wait for a pullback to gather strength and, in line with the trend, seize the opportunity for a second push higher.
Trading Suggestions
Buy in batches on pullbacks in the 71,000-71,400 range. Targets are around 72,500-73,500. If there’s a valid breakout, continuation could extend to the 74,000 level. Strictly control position size and do a good job of risk management.
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