Yesterday early morning, the cryptocurrency prices surged briefly after a spike, then quickly pulled back, and once again rapidly rose, approaching the 98,000 mark, before entering a sideways consolidation. Our long position strategy in the evening also took profits multiple times.
Intra-day, the bullish momentum has slightly slowed compared to yesterday, but the overall price remains stable within the upward channel, and the candlestick structure remains solid. In the absence of significant news stimuli, we maintain our original bullish outlook. During the white trading session, it is expected to continue consolidating and accumulating strength. Operationally, it is recommended to focus on buying the dip at lower retracement levels and seize short-term opportunities.
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1.15 Thursday Morning BTC/ETH Silk Sharing
Yesterday early morning, the cryptocurrency prices surged briefly after a spike, then quickly pulled back, and once again rapidly rose, approaching the 98,000 mark, before entering a sideways consolidation. Our long position strategy in the evening also took profits multiple times.
Intra-day, the bullish momentum has slightly slowed compared to yesterday, but the overall price remains stable within the upward channel, and the candlestick structure remains solid. In the absence of significant news stimuli, we maintain our original bullish outlook. During the white trading session, it is expected to continue consolidating and accumulating strength. Operationally, it is recommended to focus on buying the dip at lower retracement levels and seize short-term opportunities.
Operational suggestions:
Bitcoin 96,100-96,600 range for long positions, target 98,900
Altcoin 3,310-3,330 range for long positions, target 3,470
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