Every penny you earn is a realization of cognition, and every penny you lose is a deficiency of knowledge. The market movement was relatively slow yesterday afternoon and evening. We held onto our long positions patiently. However, the market movement arrived as scheduled this morning. Bitcoin reached a high of 67222, and Ethereum reached a high of 3223. Our long positions in Bitcoin at 65870 and 3185, which we entered into last night, were closed as scheduled this morning, with a profit of over 1100 points for Bitcoin and 35 points for Ethereum. Although the market's upward momentum was relatively slow, the results were quite ideal. With this, we have achieved a perfect performance in the bullish layout for Monday.
The daily chart has once again closed with a positive candle, forming a pattern of 5 consecutive positive candles, and has once again reclaimed the midline. The weekly and daily chart structures are in the midst of a second attempt at a high. On the 4-hour chart, after the previous low-level rally, there was no strong continuation in the midnight, but instead entered into a sideways consolidation. This sideways consolidation is also a bullish accumulation, representing a strong corrective movement. In terms of the 4-hour chart structure, it is still a bullish consolidation above the uptrend line. Currently, the coin price is accumulating strength in the oscillation, consolidating at a high level, continuously testing the resistance above. When a resistance level is tested multiple times, it becomes weaker. Therefore, we are more optimistic about further exploration and reaching new highs intraday.
On Tuesday, you can directly go long on Bitcoin at 66000-66200, with a target focus on 67500-68000. You can directly go long on Ethereum at 3160-3180, with a target focus on 3250-3300.
Whether you are a novice, a struggling trader in the market for many years, or someone seeking a stable and profitable trading method, and feeling confused about long-term, medium-term, and short-term investments, you can find me to improve your practical trading skills and survive in the market in the long run.
You can follow the public account: "Shanhe Brother Discusses Coins" for real-time guidance and welfare strategies.
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