Thursday, February 29, 2024, sharing of Bitcoin evening ideas
Slow rise rhythm, retracement is more
Since the beginning of the week, we have been bullish, and the market has been singing all the way, with exaggerated gains. In these 4 days, it has risen by nearly 13,500 points. We have been bullish and long all the way and have won very considerable returns. Old fans who follow Huaye know that we do what we think, and never do the kind of long and short double gains. Every time the thinking changes, we will make a prompt, and we will not look at long and short or short and long. After all, even ghosts probably won’t believe this kind of thing. Why deceive yourself! The recent market is relatively large, so it is also relatively busy, and I haven’t done too much statistics.
At present, the market has entered a period of adjustment, with fluctuations of more than a thousand points up and down, but it is undeniable that the market has not fallen too much. It rebounded again after each retracement. The short-term rhythm is also shaking upward all the way. In the short term, it has not continued to break high, and the rhythm has slowed down a lot, but the overall trend structure is still an upward trend. A small retracement is just a need for market repair. The upward structure remains unchanged, so the operation continues to maintain the low-multiple thinking.
On Thursday night, it is recommended that the big cake continue to be long around the 62500-62300 area, and the target is 63500-64500.
On Thursday night, it is recommended that Ethereum continue to be long around 3450-3430, and the target is 3550-3600.
Only those who can't see themselves clearly will care about how others evaluate themselves. If you know yourself well enough, you will not care about others' pessimism. You will definitely understand that you don't need anyone to be optimistic.
