Bullish momentum continues, but is it currently stable at a high?
Bitcoin rebounded from the bottom around 116500 near 9 AM on the 10th, currently making a maximum push to 119000, facing pressure and adjusting. Currently, looking at the four-hour chart, the kdj three-line golden cross is in operation, with the macd bullish energy continuously showing signs of expansion. A short-term adjustment is expected, but there will definitely be another wave of upward movement later. As long as it breaks and stabilizes above the 120000 mark, it can look towards around 122000 in the future. Ethereum rebounded from a bottom around 4070 near 1 PM on the 9th. The price increase is quite evident, breaking above 4330, then facing pressure and adjusting, with the price dropping to 4160 and consolidating upwards again. Currently, it looks like there is still potential for another rise in the future. The same operational approach is to maintain the focus on buying during pullbacks. For market inquiries, btc0297.
Bitcoin trading suggestion: Enter long positions around 117000-116000, target: 120000-121000, risk control: 115500.
Ethereum trading suggestion: Enter long positions around 4200-4150, target: 4350-4300, risk control: 4120.
Bitcoin rebounded from the bottom around 116500 near 9 AM on the 10th, currently making a maximum push to 119000, facing pressure and adjusting. Currently, looking at the four-hour chart, the kdj three-line golden cross is in operation, with the macd bullish energy continuously showing signs of expansion. A short-term adjustment is expected, but there will definitely be another wave of upward movement later. As long as it breaks and stabilizes above the 120000 mark, it can look towards around 122000 in the future. Ethereum rebounded from a bottom around 4070 near 1 PM on the 9th. The price increase is quite evident, breaking above 4330, then facing pressure and adjusting, with the price dropping to 4160 and consolidating upwards again. Currently, it looks like there is still potential for another rise in the future. The same operational approach is to maintain the focus on buying during pullbacks. For market inquiries, btc0297.
Bitcoin trading suggestion: Enter long positions around 117000-116000, target: 120000-121000, risk control: 115500.
Ethereum trading suggestion: Enter long positions around 4200-4150, target: 4350-4300, risk control: 4120.
