Where the wind rises and the clouds surge, only then can one see true resolve; when a thousand sails race and contend, only then does direction become clear. If you have something you hold to, you needn’t fear the noise of short-term swings; if you have a path you follow, time will surely answer back with echoes. Today, A-Yue remains steadfastly bullish, and in the live trades, three orders in total earned more than 70k in profit with no small cut!
After the big cake breaks higher on the daily chart, it enters a sideways consolidation. After a bullish candle, consecutive small-bodied candles alternate, with upper and lower wicks repeatedly digesting. When price retraces, it has never fallen below the lower edge of the consolidation range. Even with bearish data coming in, the market hasn’t shown obvious weakness—indicating that the bears are unable to push down for now. What it looks like now is high-level digestion after a rally: even though the recent highs are capped, the pullback strength is narrowing. The focus hasn’t clearly shifted downward, and the overall structure still favors the bulls. Volatility may be amplified around the PMI later tonight. The key is to watch the acceptance on pullbacks and the closing position. If you hold the near-term support and quickly reclaim, the bias remains toward continued upside probing. If price moves above the upper edge of the consolidation, extending upward will be smoother. But if it loses the lower edge, the short term will weaken.
In terms of execution: consider following only after signs of stabilization appear. Don’t rush to chase higher. If it breaks down, stay on the sidelines for now.
Trading suggestions：
Big cake (BTC): go long near 82900–82400, targets: 85000–85500
Ethereum (ETH): go long near 2660–2640, targets: 2750–2800
$BTC $ETH
After the big cake breaks higher on the daily chart, it enters a sideways consolidation. After a bullish candle, consecutive small-bodied candles alternate, with upper and lower wicks repeatedly digesting. When price retraces, it has never fallen below the lower edge of the consolidation range. Even with bearish data coming in, the market hasn’t shown obvious weakness—indicating that the bears are unable to push down for now. What it looks like now is high-level digestion after a rally: even though the recent highs are capped, the pullback strength is narrowing. The focus hasn’t clearly shifted downward, and the overall structure still favors the bulls. Volatility may be amplified around the PMI later tonight. The key is to watch the acceptance on pullbacks and the closing position. If you hold the near-term support and quickly reclaim, the bias remains toward continued upside probing. If price moves above the upper edge of the consolidation, extending upward will be smoother. But if it loses the lower edge, the short term will weaken.
In terms of execution: consider following only after signs of stabilization appear. Don’t rush to chase higher. If it breaks down, stay on the sidelines for now.
Trading suggestions：
Big cake (BTC): go long near 82900–82400, targets: 85000–85500
Ethereum (ETH): go long near 2660–2640, targets: 2750–2800
$BTC $ETH