Only by holding onto the Danzi can we guard the Lirun; this saying will never go out of style for me. Yesterday, after a bullish outlook emerged, BTC began to decline, giving a slight pullback, directly reaching near our strategy entry point. We closely followed and bought BTC around 117699, but the market never moves in a straight line. Many times, it goes against us; market makers manipulating the sentiment is also a norm. BTC continued to fall, increasing the pullback intensity, dropping to a low of 115678 before stabilizing and rebounding. We exited our long position on BTC when it rose to 119167 in the afternoon, securing a profit of 1498 points, which was a safe bet. As long as we’re on the right track, sometimes holding onto the Danzi is necessary. It's not possible for every entry to align perfectly with our direction, but as long as we follow the trend, there shouldn't be any issues. Did everyone manage to hold onto the Danzi and seize this wave of Lirun?


BTC's daily chart has seen a rise and fall, with a rapid surge at the beginning of the week breaking new highs but failing to extend further. It encountered pressure around the 123280 line, quickly entering a correction, with a retracement space of nearly eight thousand points. The retracement space remains smaller than the rise space, indicating a fast rise followed by a slow adjustment, creating a wide-ranging fluctuation. With a large volatility base, both bulls and bears need to respond flexibly. If the price breaks below the previous day's starting low point of 119, that's a short-run short point, with the lowest retracement hitting the 115753 line before bouncing back near the 119 mark. The daily chart indicates a temporary local adjustment, with short-term fluctuations expected to oscillate widely between the 116-119 range. On the 4-hour chart, BTC experienced a series of consecutive declines, dropping near the 116 mark, where it found support and quickly rebounded. This is also the last defense point we mentioned yesterday, and since this is a correction in a bullish trend, the first touch will encounter strong support. Currently, the Bollinger Bands are flat, making it difficult for a direct top reversal in the short term, and it will continue to oscillate around high levels. Once the price completes its consolidation, it will continue to attack upward. The 1-hour chart shows a bottoming rebound pattern; as long as each upward probe does not break below the previous low, we will maintain a bullish trend. Pay attention to the pressure around the 120,000 mark, and we will look for opportunities for high shorts during the wide fluctuations.
BTC can be bought in the evening at 118800-118300, with a target near 120500; ETH can be bought at 3150-3120, with a target near 3230. #比特币
BTC0,21%
ETH0,4%
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