After two months of sluggishness, the market has finally given us our sweet spot. The move was strong—full long bias across the board—and the room it’s offering is also quite generous. In the morning, price action continued its stretch for a second test of the 70,000 level; then it once again pulled back to repair. After touching support around 69,000, the rebound momentum ran out. As expected, the market continued to extend its rebound trend, and longs are currently delivering stable output.
In the morning, we advised everyone to go long on the BTC around 69,000. ETH followed in sync—also go long around 2,230. That idea comes with a certain amount of upside space. Friends who already followed the plan can manage their own exit timing.
At present, BTC’s rebound is continuing and has gained fresh momentum. After a brief pullback and repair, the market is now steadily putting out gains. On the four-hour timeframe, the candles are hugging the upper band, showing an alternating yin-yang pattern, continuously stretching upward. Overall, the board is also rising higher and higher, repeatedly being guided higher and building momentum. On the one-hour timeframe, the rebound has successfully pushed into the high area from the morning consolidation range, and it’s on the verge of breaking above the real-body high. The Bollinger Bands’ three-band structure has also expanded from the previous strong stretch. In the short term, there is still fairly ample room for the rebound. Currently, the available upward space is still a bit away from the upper-band pressure.
So for the outlook, simply hold the long positions going forward—we’ll focus on the effectiveness of a break above 70,000.
For BTC: target 70,500; breakout to watch: 71,500.
For ETH: target 2,310; breakout to watch: 2,350.
#FOMC会议纪要 $BTC $ETH #Adnoc拟削减对亚洲原油供应
In the morning, we advised everyone to go long on the BTC around 69,000. ETH followed in sync—also go long around 2,230. That idea comes with a certain amount of upside space. Friends who already followed the plan can manage their own exit timing.
At present, BTC’s rebound is continuing and has gained fresh momentum. After a brief pullback and repair, the market is now steadily putting out gains. On the four-hour timeframe, the candles are hugging the upper band, showing an alternating yin-yang pattern, continuously stretching upward. Overall, the board is also rising higher and higher, repeatedly being guided higher and building momentum. On the one-hour timeframe, the rebound has successfully pushed into the high area from the morning consolidation range, and it’s on the verge of breaking above the real-body high. The Bollinger Bands’ three-band structure has also expanded from the previous strong stretch. In the short term, there is still fairly ample room for the rebound. Currently, the available upward space is still a bit away from the upper-band pressure.
So for the outlook, simply hold the long positions going forward—we’ll focus on the effectiveness of a break above 70,000.
For BTC: target 70,500; breakout to watch: 71,500.
For ETH: target 2,310; breakout to watch: 2,350.
#FOMC会议纪要 $BTC $ETH #Adnoc拟削减对亚洲原油供应