Watching the fluctuating candlestick chart, Hangqing once again broke through the 70,000 mark in the evening, but failed to stay above 70,000. Yesterday's market also showed a slow upward trend, starting from around 67,500 and reaching a high near 70,400 in the early morning, with a unilateral increase of around 3000 points. Mingjie has been advising everyone to go long since yesterday morning, and finally captured a wave of rising Hangqing. When doing anything, don't be impatient. I see some people are eager to get out as soon as they get in, and this is definitely not a good approach.

From the current trend, it is still an upward trend in the short term. Since the bottom support last Wednesday, it has been oscillating upwards, and it is relatively easy to grasp this rhythm. Looking at the 4-hour timeframe, the Bollinger Bands are opening upwards, and the candlesticks are running around the upper-middle rail. This stable rhythm of rise is a slow upward trend, and the bulls are constantly breaking through. As we mentioned yesterday, it is highly probable that the market will break new highs this week. Breaking through the 70,000 mark in the early morning is just the first step, and there will be continuous climbing afterwards. Our morning strategy remains low, with more participation in long positions.

BTC strategy: Go long near 69,000, target near 70,200 ETH strategy: Go long near 3420, target near 3470

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