On this journey full of unknowns and challenges, courage is our beacon, and faith is our compass. The ups and downs of every coin are tests and gifts from fate. We firmly believe that every low point's dormancy is to welcome the brilliance of higher peaks; every storm's baptism will forge our more resilient souls. On Monday afternoon, Bitcoin's market hit a high of 119692 before facing pressure, and the price gradually pulled back, reaching a low of 118471 by the evening. Ethereum's market followed Bitcoin's trend, with the price peaking at 3941 in the afternoon before retreating, dropping to a low of 3860 by evening. In the afternoon, Brother Sheng also seized the opportunity of this pullback, decisively placing short orders for Bitcoin and Ethereum, entering around 119544 and 3932, and exiting around 118747 and 3880, respectively, with Bitcoin's short-term order gaining 800 points and Ethereum's short-term order gaining 52 points.
According to the current market situation, the four-hour level shows that the market is gradually falling with three consecutive bearish candles, but the bearish candle bodies are relatively small. At the same time, the downward movement of the bears has not broken out of a larger range, so it is clear that the strength of the secondary technical pullback is not strong. Additionally, the overall market has always been operating within an upward channel, so the current pullback will not affect the overall upward trend. From the one-hour level, the market is gradually moving down close to the lower Bollinger Band. The price has tested the support of the lower Bollinger Band multiple times without success, indicating that the current bearish momentum lacks the ability to break through. Therefore, in our evening operations, we will adopt a strategy of low buying after the pullback. Buy Bitcoin near 118000, target at 120000. Buy Ethereum around 3830, target at 39300 #Gate Launchpad IKA上线 .
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On this journey full of unknowns and challenges, courage is our beacon, and faith is our compass. The ups and downs of every coin are tests and gifts from fate. We firmly believe that every low point's dormancy is to welcome the brilliance of higher peaks; every storm's baptism will forge our more resilient souls. On Monday afternoon, Bitcoin's market hit a high of 119692 before facing pressure, and the price gradually pulled back, reaching a low of 118471 by the evening. Ethereum's market followed Bitcoin's trend, with the price peaking at 3941 in the afternoon before retreating, dropping to a low of 3860 by evening. In the afternoon, Brother Sheng also seized the opportunity of this pullback, decisively placing short orders for Bitcoin and Ethereum, entering around 119544 and 3932, and exiting around 118747 and 3880, respectively, with Bitcoin's short-term order gaining 800 points and Ethereum's short-term order gaining 52 points.
According to the current market situation, the four-hour level shows that the market is gradually falling with three consecutive bearish candles, but the bearish candle bodies are relatively small. At the same time, the downward movement of the bears has not broken out of a larger range, so it is clear that the strength of the secondary technical pullback is not strong. Additionally, the overall market has always been operating within an upward channel, so the current pullback will not affect the overall upward trend. From the one-hour level, the market is gradually moving down close to the lower Bollinger Band. The price has tested the support of the lower Bollinger Band multiple times without success, indicating that the current bearish momentum lacks the ability to break through. Therefore, in our evening operations, we will adopt a strategy of low buying after the pullback.
Buy Bitcoin near 118000, target at 120000.
Buy Ethereum around 3830, target at 39300 #Gate Launchpad IKA上线 .