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On the vast stage of life, we are all unique protagonists. With passionate dreams, we forge ahead bravely through the thorns. Every fall is a solid step towards success, and every effort is a shining star that lights up the future. Today, after the price rose again to the 120,000 mark from early morning, it has been fluctuating at a high level, currently running around 108,500. The long position we provided this morning is still consistently held. In terms of Ether, there has been a strong rebound, and just now it directly broke through our target point. We also promptly advised students to exit around 3,440 to avoid a pullback. One trade gained over a hundred points.
Let’s first take a look at the daily chart of Bitcoin. The continuous rise in recent days has already broken historical highs. Although there have been ups and downs during the process, it cannot stop the momentum of the surge, with continuous rises and pullbacks. On the daily chart, the pullback provides an opportunity to go long. On the 4-hour level, after forming a new high a few days ago, Bitcoin also experienced a pullback of about 8,000 points. However, it did not continue to go down but quickly surged. Currently, it is being held back by a double bearish candle, but these are temporary, and we can expect further upward movements. In the short-term trend, after the rise, there has also been a rapid pullback, but based on the current upward trend, the market is still dominated by bulls, and the trend has not reversed. This afternoon, the strategy remains to buy on pullbacks.
You can go long on Bitcoin around 118000-117500, target 120000.
You can go long on Ether around 3400-3380, targeting 3550 #Gate衍生品交易量新高# #BTC # #eth# .