After a brief pullback, the market continues higher. Last night, BTC surged and broke above 70,000. It then briefly dropped back to 67,800, and a second push toward 70,000 followed. ETH is moving in sync with strength as well, directly rallying to 2,336—pullbacks are quite strong.
At midnight, the update was to wait for a pullback to 67,500 and go long. Sure enough, the market rose as expected, and the 70,000 target was successfully hit.
You didn’t dare go long before because there wasn’t any momentum. Now that the行情 (opportunity) has arrived, you’re not sure what to do? When the opportunity comes, you should participate by following the trend.
Right now, we’re in a high-level consolidation after a second surge higher. On the daily chart, price has directly broken through the upper Bollinger Band, and bullish sentiment dominates. This is a momentum-driven strong rise. However, the technicals are somewhat overextended. Still, the larger bullish trend is already established. Any short-term dips are just a form of repair. Pullbacks are opportunities to go long. On the hourly chart, price is ranging at a high level and still needs to build energy to move higher again.
Trade plan: prioritize going long on pullbacks.
BTC $BTC 68700‑69200 long, target 71,000
ETH $ETH 2220‑2240 long, target 2,350
The latest ideas are all in Crabby Egg Burger!
#比特币时隔三月重返6.9万美元 #FOMC会议纪要
At midnight, the update was to wait for a pullback to 67,500 and go long. Sure enough, the market rose as expected, and the 70,000 target was successfully hit.
You didn’t dare go long before because there wasn’t any momentum. Now that the行情 (opportunity) has arrived, you’re not sure what to do? When the opportunity comes, you should participate by following the trend.
Right now, we’re in a high-level consolidation after a second surge higher. On the daily chart, price has directly broken through the upper Bollinger Band, and bullish sentiment dominates. This is a momentum-driven strong rise. However, the technicals are somewhat overextended. Still, the larger bullish trend is already established. Any short-term dips are just a form of repair. Pullbacks are opportunities to go long. On the hourly chart, price is ranging at a high level and still needs to build energy to move higher again.
Trade plan: prioritize going long on pullbacks.
BTC $BTC 68700‑69200 long, target 71,000
ETH $ETH 2220‑2240 long, target 2,350
The latest ideas are all in Crabby Egg Burger!
#比特币时隔三月重返6.9万美元 #FOMC会议纪要