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The best time to plant a tree was ten years ago, the second best time is now. Trends require action; hesitation will miss good opportunities. Do not use tactical diligence to cover up strategic laziness; if the direction is wrong, running fast is futile. Saturday's market met expectations, with long positions welcoming a strong rebound recovery. BTC began to rebound after stopping at around 114990 last night, currently peaking at around 118245. Ether rebounded after stopping at around 3602; early this morning, the market rose continuously, currently reaching a rebound recovery of around 3781. Last night, a clear strategy was given to buy on the dip, and the blog mentioned the rebound recovery multiple times, which has now all come to fruition. Last night, BTC indicated to enter long positions near 115200; today, it suggested exiting near 117300, yielding a profit of 2100 points. Ether indicated long positions near 3642, and today it suggested exiting at 3713, also capturing a profit of over 70 points. The market is not unsuitable, and the performance is not lacking. The problem lies in positioning ourselves incorrectly and heading in the wrong direction. Once we realize our mistakes, we should correct them immediately. If you are still struggling alone, yet still unable to do well or see clearly, why not find the right guidance? Change begins at this moment.
Currently, the moving average indicators are still showing an upward trend. The short-term market needs some time for consolidation to better pump the price upward. Looking at the 4-hour candlestick structure, there is an alternating appearance of bullish and bearish candles, forming a rebound from the bottom. At present, it has once again reclaimed the middle track of the four-hour chart. Currently, after the long positions have increased, there is a slight pause, and the trend is accumulating strength for the next market rise. Overall, the larger direction is still bullish. Although there has been a local pause after the long positions increased, this is only temporary, and the market still has potential for further momentum. The previous rise and rapid fall were also within the market's expectations. The current technical structure is showing a trend of consolidating and correcting while slowly rising, with indicators still pointing upwards. Therefore, in terms of operational strategy, it is still recommended to follow the long positions trend.
On Saturday evening, you can directly go long around BTC 117,000, with a target focus on 118,500-119,500.
You can directly go long around Ether 3680-3700, with a target focus on 3800-3850.
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