Anything worth having is worth waiting for. Passion and belief are not given by others but adjusted by oneself. What should have been done today, if not done, will only be delayed even if done earlier tomorrow. If you didn't catch the good opportunities from yesterday's fluctuations, you won't have a chance to regret today. No education can compare to adversity, and no comfort can compare to taking profit. When the alarm goes off, it's time to get up and harvest. Yesterday's short position was perfectly harvested. Did you follow along?
Bitcoin's bullish momentum continued on Tuesday, and after a retracement at the beginning of the week, it launched a second wave of upward movement after stabilizing support. The daily chart closed with a full-bodied bullish candlestick after a long period of consolidation and increased trading volume, indicating strong sustainability. In the future, it will further test the previous high points. In the Asian and European sessions yesterday, we took advantage of the long position at 37,000-36,800 and gained a thousand points. In the U.S. session, we decisively switched to a short position at 38,200/2070 after the upward pressure, once again gaining 500 points. The harvesting pace is hot.
From a technical perspective, looking at the four-hour chart, after testing the 36,700 support level, it formed a bullish divergence pattern, and after consolidating, the bulls gathered strength and continued to rise with increasing trading volume, approaching the previous high of 38,500. Currently, it is still a period of strong bullish momentum. As long as you follow the trend, don't let the small intraday adjustments affect your trend judgment. Our long-term layout was also successful in buying at 36,800, as openly mentioned in previous articles. No exaggeration, no falsehood, we have evidence to prove it.
Bitcoin: Long at 37,600-37,800, target 38,500. Breakthrough to see 39,000. Defend at 37,300.
Ethereum: Long at 2,035-2,045, target 2,080. Breakthrough to see 2,120. Defend at 2,010.
The above content is for reference only. Investment involves risks, so entering the market requires caution. If you have positions that are not ideal, you can communicate with the teacher. As the year-end approaches, the disciple class is open for a limited time, with no threshold and free guidance on how to read the market, including comprehensive guidance and practical application of wave theory, Dow theory, candlestick theory, Bollinger Bands, MACD, KDJ, and other indicators. If you follow, I will impart my knowledge wholeheartedly.


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