The midnight sailing and fluctuations are always so fascinating. After the bulls regained control in the evening, the midnight market saw a second retracement, with the lowest touching the 69900 mark before rebounding. Ethereum hit a low of 3820 before bouncing back. After several fluctuations, the bulls still maintained the advantage, with the midnight market rebounding to 71548 for Bitcoin and 3900 for Ethereum. The free strategy provided by Brother Shanhe in advance also accurately predicted the trend of the market, offering insights into retracement and long positions. The entry near 70280 for Bitcoin and exit near 71450 resulted in a gain of 1170 points. The entry near 3838 for Ethereum and exit near 3900 resulted in a gain of 62 points. Only with the correct guidance and keen grasp of opportunities, can one accurately control the rhythm and follow the trend to avoid many mistakes and achieve success effortlessly.
Looking at the four-hour chart, after Bitcoin broke below the lower rail, it did not continue to decline. With strong support near 70000 after the pullback, the bulls are currently in a trend of building up for a rebound. There is no sign of a bearish turn, at least not on a large scale. We still view this downward trend as a correction. If the market sees consecutive declines again, we can make adjustments accordingly. Currently, we continue to see the rebound after the retracement.
You can go long directly near 70000-70500 for Bitcoin, with a target range of 72500-73500. For Ethereum, you can go long near 3800-3830, with a target range of 3950-4050.
Regardless of whether you are a novice, a struggling trader, or a seasoned investor seeking stable profit methods, if you feel lost in long-term, medium-term, or short-term investments, you can find guidance from Brother Shanhe's public account: "山河哥论币" for real-time guidance and strategic benefits.
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