The market surged and then fell back, validating the previous judgment. After a significant pump in the evening that broke through the 90,000 mark, there was a slight adjustment, gradually retreating from the high point of 90,599 to around 89,100, with the adjustment space relatively controllable. The current price position and thought points provided in the evening were perfectly validated, with the long positions at 89,500 directly pumping to around 90,500, securing over 1,000 points of profit, while Ethereum also surged, gaining over 50 points.
However, what I want to say is that, compared to pursuing single transaction profits each time, it is more important to cultivate independent trading judgment and thinking methods. Many people now only want to know where to go long, whether they can enter now, and what the target is, but are unwilling to spend time understanding the logic behind it. They are even too lazy to finish reading the articles, let alone have their own understanding and trading system. It should be noted that strategies and analyses always need dynamic adjustments. If you do not have your own opinions and just follow the crowd at the beginning, what can you ultimately earn? Following the right trades can only earn temporary quick money, while following the right people can earn lifelong profits.
From a technical perspective, the daily chart shows a series of rising candles, pushing the price to higher levels and stabilizing. The previous top is gradually evolving into the current bottom support, and the overall strong structure is evident. The trend continues to test higher levels after a pullback correction. After a series of rising candles on the four-hour chart, there has been a slight pullback correction, which falls within a normal range of retracement. The downward space has been quickly reclaimed by long positions, with support levels continuously moving up, and the pressure levels above are also precarious, likely to be broken through again at any moment.
The subsequent approach is still mainly focused on buying on dips at low levels. In the early morning, Bitcoin can be directly bought around the 89500-89300 range, targeting 91000. Ethereum can be directly bought around the 3020-3000 range, targeting 3140.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The market surged and then fell back, validating the previous judgment. After a significant pump in the evening that broke through the 90,000 mark, there was a slight adjustment, gradually retreating from the high point of 90,599 to around 89,100, with the adjustment space relatively controllable. The current price position and thought points provided in the evening were perfectly validated, with the long positions at 89,500 directly pumping to around 90,500, securing over 1,000 points of profit, while Ethereum also surged, gaining over 50 points.
However, what I want to say is that, compared to pursuing single transaction profits each time, it is more important to cultivate independent trading judgment and thinking methods. Many people now only want to know where to go long, whether they can enter now, and what the target is, but are unwilling to spend time understanding the logic behind it. They are even too lazy to finish reading the articles, let alone have their own understanding and trading system. It should be noted that strategies and analyses always need dynamic adjustments. If you do not have your own opinions and just follow the crowd at the beginning, what can you ultimately earn? Following the right trades can only earn temporary quick money, while following the right people can earn lifelong profits.
From a technical perspective, the daily chart shows a series of rising candles, pushing the price to higher levels and stabilizing. The previous top is gradually evolving into the current bottom support, and the overall strong structure is evident. The trend continues to test higher levels after a pullback correction. After a series of rising candles on the four-hour chart, there has been a slight pullback correction, which falls within a normal range of retracement. The downward space has been quickly reclaimed by long positions, with support levels continuously moving up, and the pressure levels above are also precarious, likely to be broken through again at any moment.
The subsequent approach is still mainly focused on buying on dips at low levels. In the early morning, Bitcoin can be directly bought around the 89500-89300 range, targeting 91000. Ethereum can be directly bought around the 3020-3000 range, targeting 3140.