Morning Analysis

It's hard to grasp simple market trends, and it's difficult to accurately assess major market movements. If you can't conduct on-the-spot analysis of market trends and respond in a timely manner, you're left with no direction for long or short positions. So why are you still on the sidelines? Why not find Awei here? Perhaps a random choice of yours will change your situation. Looking back at the market after its recovery in the early morning, Bitcoin showed a strong upward trend throughout the morning, recovering to the 116900 level. This surge has little room for decline, exhibiting a purely strong one-sided recovery. Currently, the market shows that bullish momentum continues to rise, while the bearish pullback is gradually weakening, so the future market is primarily bullish.

From a technical structure perspective, the long position continues to gain momentum on the daily chart of Bitcoin, with both the middle and upper Bollinger Bands showing upward technical changes. The strong bullish resonance is driving prices up, and the short-term bullish volume has not yet ended. On the four-hour chart, the running channel has formed an upward opening state. The high-level box consolidation has been broken by the bulls, and the price has directly surged to the upper band. The bullish volume is arranged in a solid manner, and the moving averages continue to show consistency in an upward direction. The overall rhythm of the larger cycle has shifted to a bullish trend. Although there are some pullbacks in the short term, they are not significant. Today's strategy is primarily focused on low buying during pullbacks.
Operation Suggestions:
Morning major: 116000-115800 Long Target focus on 118000
Ethereum: 4315-4300 Long Target focus 4430