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This morning, the coin price surged significantly and rapidly, with the price quickly testing above the 74,000 resistance level before experiencing a sharp pullback. After sustained consolidation and correction, the coin price resumed its strong uptrend in the afternoon. As the US stock market opened in the evening, the momentum accelerated further, with the evening's high refreshing recent highs. My bullish view from this afternoon was perfectly realized, and our live trading longs once again precisely captured 1077 points of space, Ethereum synchronized with 48 points of space. Students' positions have basically achieved the first phase of position doubling target. Moving forward, we will deploy with a swing trading approach, gradually accelerating the accumulation pace. This is indeed how the crypto market works—hesitation leads to defeat, decisiveness reigns supreme.
On the daily chart, Bitcoin pulled back to test pressure below the mid-band, currently showing strong 8 consecutive bullish days with a technical bounce. The price strongly refreshed recent highs, with short-term trends showing momentum to break above the triangle formation. From the current trend perspective, the subsequent market has the potential to break through the previous range-bound consolidation zone with this round of uptrend, welcoming a significant rebound at a larger level. On the 4-hour chart, the price has shown strong 5 consecutive bullish days with price refreshing recent highs while forming strong overbought conditions. Bulls' momentum is continuously strengthening, with Bollinger Bands rapidly expanding upward. The subsequent market shows further potential for price appreciation with both upward space and trend momentum. Maintain the bullish outlook unchanged for the subsequent market; buy on dips and participate in positioning.
Bitcoin around 73,000 for longs, watch around 74,500. Ethereum around 2,250, watch around 2,320.
#加密市场上涨