The morning price comparison shows a fluctuating upward recovery rhythm, with overall strength being quite considerable, reaching a maximum recovery of 91850 during midday. The proposed pullback strategy has once again been perfectly validated, with short-term long positions arriving at the expected direction as anticipated. The morning strategy clearly indicated to follow BTC around 90000, and to directly buy Ether around 3000. During midday, BTC directly reached 91700, gaining 1700 points, while Ether reached 3070, gaining 70 points. The second pullback during midday directly followed the long positions again, resulting in further gains. This rhythm is just like this; in fact, the strength during midday basically laid the foundation for the subsequent direction. The short positions' selling pressure will reduce the obstacles for long positions. Compared to the upward space, the current pullback space is still defined as a correction rhythm that has not changed.
From the current perspective, the fact that the market situation has once again entered a correction phase is the best proof that the long positions will strengthen later. This also indicates that the price comparison is building a new rising platform. It can be seen that the long positions are abundant in both momentum and form, and will not reverse direction to give a deep adjustment, at least not for now. Instead, it will recover after the correction. In terms of the short-term price trend structure, as the support below becomes stronger, the pressure above will also gradually weaken. In the future, it is highly likely that the long positions will continue to rise, although there may be some pullbacks. However, we can still regard this as a means of building strength for the long positions, so we can maintain a primarily bullish mindset for our strategies moving forward.
BTC: 91200-91000 long target follow 93000 Ether: 3020-3000 long target follow 3150
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The morning price comparison shows a fluctuating upward recovery rhythm, with overall strength being quite considerable, reaching a maximum recovery of 91850 during midday. The proposed pullback strategy has once again been perfectly validated, with short-term long positions arriving at the expected direction as anticipated. The morning strategy clearly indicated to follow BTC around 90000, and to directly buy Ether around 3000. During midday, BTC directly reached 91700, gaining 1700 points, while Ether reached 3070, gaining 70 points. The second pullback during midday directly followed the long positions again, resulting in further gains. This rhythm is just like this; in fact, the strength during midday basically laid the foundation for the subsequent direction. The short positions' selling pressure will reduce the obstacles for long positions. Compared to the upward space, the current pullback space is still defined as a correction rhythm that has not changed.
From the current perspective, the fact that the market situation has once again entered a correction phase is the best proof that the long positions will strengthen later. This also indicates that the price comparison is building a new rising platform. It can be seen that the long positions are abundant in both momentum and form, and will not reverse direction to give a deep adjustment, at least not for now. Instead, it will recover after the correction. In terms of the short-term price trend structure, as the support below becomes stronger, the pressure above will also gradually weaken. In the future, it is highly likely that the long positions will continue to rise, although there may be some pullbacks. However, we can still regard this as a means of building strength for the long positions, so we can maintain a primarily bullish mindset for our strategies moving forward.
BTC: 91200-91000 long target follow 93000
Ether: 3020-3000 long target follow 3150