Morning strategy sharing: Low long positions for the day

Good morning, friends. It's another day of waking up to the sound of money. Making money in dreams and feeling great all day 😄 Seeing the slow retracement in the evening market, as mentioned yesterday, the overall trend is still within the 4-hour range. Remember not to chase long positions, low long positions are the best choice. Based on the midnight bullish view, Bitcoin gained 450 points and Ethereum gained 50 points. It feels great to wake up to such good news! Generally speaking, Fridays usually bring good movements. Watching without action won't bring any benefits, so keep up with the rhythm and keep trading.

From the current daily chart, we can see that the market has closed near the upper rail for two consecutive days, with fluctuating growth. It seems to be brewing the arrival of the next wave of market trends. Although there was a bearish close at 8 am, the overall retracement is not significant. The red energy column continues to decline, and the MACD lines continue to rise. The overall market is still developing upwards. Looking at the 4-hour chart, the Bollinger Bands are significantly narrowing, indicating that a new direction is about to be chosen. The strategy for the day remains low long positions.

Bitcoin: Long at 33850-33650, target near 34600

Ethereum: Long at 1790-1780, target near 1860

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