All long positions were fully realized today. The BTC $BTC rebounded from 74500 to 79500, with a 5,000-point range; ETH $ETH 2339 moved upward to 2449, with an 110-point range.
Opportunities are always in the market; what matters in trading is discipline and patience. Only by withstanding volatility can you seize a one-way trend.
On the 4-hour timeframe, the bullish trend is clear. After a previous period of low-volume consolidation, it broke out with a big up candle on increased volume, and both the highs and lows have continued to rise. The current pullback after making a new high is a typical technical correction after a breakout. The pullback volume has been shrinking, which is characteristic of a strong bull market. The Bollinger Bands are widening, and volatility is increasing. As long as price does not break below the Bollinger middle band, the strategy remains: pull back and go long.
Evening trading references
BTC: 76000–76500 go long, target 80000
ETH: 2340–2360 go long, target 2450
#三星拟周五公布新股东回报计划 #比特币创2023年3月来最佳周表现
Opportunities are always in the market; what matters in trading is discipline and patience. Only by withstanding volatility can you seize a one-way trend.
On the 4-hour timeframe, the bullish trend is clear. After a previous period of low-volume consolidation, it broke out with a big up candle on increased volume, and both the highs and lows have continued to rise. The current pullback after making a new high is a typical technical correction after a breakout. The pullback volume has been shrinking, which is characteristic of a strong bull market. The Bollinger Bands are widening, and volatility is increasing. As long as price does not break below the Bollinger middle band, the strategy remains: pull back and go long.
Evening trading references
BTC: 76000–76500 go long, target 80000
ETH: 2340–2360 go long, target 2450
#三星拟周五公布新股东回报计划 #比特币创2023年3月来最佳周表现