Yesterday evening, around the 27,200 level, Lao Bai still firmly maintained the bullish layout and directly provided the layout arrangement. With the rebound from the test low of 27,150, returning to the 27,500 level, the entire pullback is complete, returning to the bullish trend. Therefore, in the morning, Lao Bai directly provided a low long arrangement near 27,200, and the current market price rebounded to the 27,500 level, continuing to target 28,000!

The pullback of the previous trading day is just a corrective action, which belongs to the secondary rhythm of the uptrend and is not the main rhythm. It only serves the main rhythm. The bearish trend tested the 27,000 level, just falling back to the position above the previous starting point of the rise. The pullback did not break through the previous starting point of the rise, so the upward trend was not broken. This is also one of the reasons why Lao Bai has always insisted on being bullish!

Personal suggestions:

BTC strategy: Long near 27,500, target 28,000

ETH strategy: Long near 1,640, target 1,700

Determine the intraday range after walking out a certain space, in a volatile market, the position comes first, and the trend comes later. The key is to grasp the range and the accuracy of the entry points. Specific operation points are subject to real-time adjustments.

- I am Lao Bai, a teacher dedicated to technical analysis. Anyone with questions about operations or trends can communicate and learn with me! Let's exchange ideas and profit together!

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