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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
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Dare to trade. Dare to win.
8.8 Morning Bitcoin Strategy Analysis
There are no trees that grow overnight, nor are there paths that lead to the sky in a single step. Life is full of mud and mire, yet you always say you "can do it"?
Looking back at yesterday, I maintained a bullish outlook, and the points provided have all been realized.
BTC: The long position of 114692 took profit at 1166990, capturing a space of 2000 points.
ETH: The long position at 3659 was taken at 3822, capturing a profit of 163 points.
The current 4-hour candlestick chart shows a stable upward pattern, with the price steadily rising along the upper Bollinger Band, reflecting strong bullish momentum. In terms of technical indicators, all three lines of the Bollinger Bands are exhibiting a consistent upward trend, further validating the strength and sustainability of the current upward movement. The recent increase in trading volume presents a stair-step pattern, especially accompanied by a significant expansion in volume when breaking through key resistance levels.
Currently, the price has broken through the upper limit of the previous consolidation range, forming a typical breakout upward pattern, and the space above has been further expanded. Although there may be a technical correction in the short term, the overall upward channel remains unchanged. It is recommended to adopt a buy strategy on dips during the day!
BTC recommendation: 116500-117000, target 119000
ETH recommendation: 3830-3870, target 3900
We need to go with the flow, stay rational at all times, defend well, and never blindly resist! Wishing you all the best, seize every wave of opportunity, and we will continue to move forward together! #晒出我的Alpha积分# #Gate & WLFI USD1 积分计划将上线# #ETH巨鲸增持# #BTC# #ETH#