Shanhe Brother's Currency Analysis: New ideas have been updated. Yesterday, Midnight Buju's short-term Dan was once again accurately grasped, and the intraday strategy remains unchanged, continuing to look at the rise.
After experiencing a small dip in the early hours of yesterday and breaking through the 37,000 mark again, the currency price followed our strategy and fluctuated upward, starting from around the lowest point of 36,850, reaching a peak of 37,480 in the early morning today before falling back under pressure. Ethereum also followed the rhythm of Bitcoin, rising all the way to around 2,078 at its peak. The long strategy near 37,000 for Bitcoin and around 2,040 for Ethereum that we provided at midnight yesterday once again accurately hit the mark, with a space of about 450 points and nearly 30 points, leading friends in the VIP group and one-on-one friends to once again catch a good small profit.
Looking at the weekly chart, after a large bullish candle, a doji appeared, indicating a fluctuating upward trend. The weekly and daily EMA of Bitcoin crossed, showing a clear trend, and Ethereum's daily EMA also crossed, demonstrating a clear upward trend. Looking at the daily chart, after the dip I mentioned yesterday, the currency price continued to surge, but the upper pressure remains strong, requiring continuous accumulation to push through and accelerate the breakthrough. Looking at the short-term hourly chart, after recovering from yesterday's dip, the currency price also slowly rose, although there was no effective breakthrough of the previous high, it once again probed higher, indicating that the bulls still have a certain strength, and the market has not weakened, maintaining a strong fluctuation. The loss of time in this fluctuation is still favorable for the bulls, so the overall bullish opportunities are still relatively large.
On Friday, Bitcoin's pullback to 37,100 to 37,200 can be directly bought for a target of 38,000. Ethereum's pullback to 2,040-2,050 can be directly bought for a target of 2,100.
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