The midnight market trend continues with an evening bullish momentum. The coin price further pushes up toward the resistance level around 64,400, and it shows a series of strong rebounds. Overall, the market still maintains a large-scale, wide-range consolidation pattern. The pullback short-term long ideas that were continuously pointed out during the day have been兑现 again. We positioned a BTC long at 63,282 in the evening; at midnight, it hit the target and we took profit precisely at 64,387. One trade alone captured over a thousand points of profit. In the live account, both trades were closed successfully, exiting smoothly. Total gains exceeded two thousand points, and Monday’s live trading opened with a strong “green light” win.
If you’re still staying up late alone watching the chart and fighting the market solo, it’s always hard to steadily build positions when the price suddenly swings up or down during a ranging market. Going forward, you can follow Haoyu’s rhythm and trade together. In the crypto market, choosing the right approach matters more than blindly working harder.
For BTC on the four-hour timeframe: the price has exited a continuous bull-run strong rebound and surged higher. It broke above the upper Bollinger Band, and the chart has entered a strong overbought state. Market bullish confidence keeps getting reinforced. The Bollinger Bands widen rapidly upward, and the bullish trend gradually becomes more evident. Looking ahead, the bigger direction remains bullish.
For the short-term hourly cycle: the price has left the previous weak consolidation structure and has launched into a consecutive strong push upward. The price has stabilized above the 64,000 level. The MACD indicator’s bullish momentum continues to strengthen. Going forward, we remain optimistic about the continuation of the upward trend, and for short-term operations, pullback-and-go-long remains the main approach.
For swing trading and medium-to-long term: the next key thing to watch is whether the market can break through the 65,500 level. Short-term strategies still focus on doing longs on pullbacks.
Go long BTC around 63,500, and watch 65,000. Go long ETH around 1,890, and watch 1,940. $ETH $BTC $SNDK #美SEC取消加密规则制定会议
If you’re still staying up late alone watching the chart and fighting the market solo, it’s always hard to steadily build positions when the price suddenly swings up or down during a ranging market. Going forward, you can follow Haoyu’s rhythm and trade together. In the crypto market, choosing the right approach matters more than blindly working harder.
For BTC on the four-hour timeframe: the price has exited a continuous bull-run strong rebound and surged higher. It broke above the upper Bollinger Band, and the chart has entered a strong overbought state. Market bullish confidence keeps getting reinforced. The Bollinger Bands widen rapidly upward, and the bullish trend gradually becomes more evident. Looking ahead, the bigger direction remains bullish.
For the short-term hourly cycle: the price has left the previous weak consolidation structure and has launched into a consecutive strong push upward. The price has stabilized above the 64,000 level. The MACD indicator’s bullish momentum continues to strengthen. Going forward, we remain optimistic about the continuation of the upward trend, and for short-term operations, pullback-and-go-long remains the main approach.
For swing trading and medium-to-long term: the next key thing to watch is whether the market can break through the 65,500 level. Short-term strategies still focus on doing longs on pullbacks.
Go long BTC around 63,500, and watch 65,000. Go long ETH around 1,890, and watch 1,940. $ETH $BTC $SNDK #美SEC取消加密规则制定会议