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Analysis of the morning of the 1.4
At the beginning of the month, we maintained a long position on dips. The market moved up as expected, with Bitcoin testing the 91,600 level, and Ethereum also successfully reaching around 3,166. The low-level long positions once again reached the target!
The market rebound is strong, and the short-term pullback is merely a technical correction. The overall upward trend remains unchanged. The four-hour cycle continues to close with bullish candles, with the price closely following the upper Bollinger Band and rising in volume. The three Bollinger Bands are moving upward together, indicating a clear bullish structure. The hourly level also shows strong characteristics, with each pullback seen as a buying opportunity. It is recommended to continue to follow the trend and buy on dips.
Trading suggestions
Pull back to around 90,700-90,200 to buy, with targets at 92,000-93,000.
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