The US market and US stock market continue to rise, creating a strong overall bullish sentiment that drives the crypto market out of its corrective phase. Coin prices continue to move higher within the day with a range-bound uptrend; rebound highs keep getting higher. Late in the evening, bullish momentum is fully released, allowing the price to successfully reclaim the 64,000 mark.
Looking at today’s chart, the pullback-and-go-long idea provided earlier in the day has already been validated by actual price action. As of now, there are no signals of a top or reversal forming. The short-term bullish structure remains intact. However, after a round of upward movement, the risk of chasing at high levels increases. It’s necessary to guard against a pullback and shakeout triggered by the realization of profits.
In terms of execution, prioritize a “buy the dip” approach: wait for the coin price to retrace to key support levels, then enter short-term long positions to ride the trend and capture rebound opportunities.
BTC is long around 63,500, with attention at 64,500. ETH is long around 1,890, with attention at 1,930. $ETH $BTC $SNDK #SEC审查6只3倍杠杆商品ETF
Looking at today’s chart, the pullback-and-go-long idea provided earlier in the day has already been validated by actual price action. As of now, there are no signals of a top or reversal forming. The short-term bullish structure remains intact. However, after a round of upward movement, the risk of chasing at high levels increases. It’s necessary to guard against a pullback and shakeout triggered by the realization of profits.
In terms of execution, prioritize a “buy the dip” approach: wait for the coin price to retrace to key support levels, then enter short-term long positions to ride the trend and capture rebound opportunities.
BTC is long around 63,500, with attention at 64,500. ETH is long around 1,890, with attention at 1,930. $ETH $BTC $SNDK #SEC审查6只3倍杠杆商品ETF