Recently, a market review shows that when the price retraced and broke below the 3240 support level, there was no reversal, and it continued to decline to 3180. Subsequently, a long position was re-established around 3200, and the market once again pushed up to around 3300, providing over 150 points of trading opportunities throughout the process. The trading strategy released in the early morning was also validated by the market—both Bitcoin and Ethereum exhibited clear V-shaped movements: initially continuing the previous night's decline, Bitcoin's lowest point was 91200 before it stopped falling and started to rebound. Ethereum's movement followed suit, oscillating downward from the high of 33006, and after touching the low of 3180 in the early morning, it also began to rebound. Overall, the layout on Bitcoin during this day yielded over 2000 points in profit.



From the daily chart perspective, after a strong attack with five consecutive bullish days, a technical correction followed with two small bearish candles. However, it is worth noting that although the candles showed downward movement, the overall decline was limited, indicating that the bears' energy has not been effectively released. The key point is that multiple moving average systems still maintain a bullish arrangement with upward divergence, with no signs of trend reversal, and the overall market structure remains dominated by buyers.

Looking at the four-hour chart, after a rapid decline with a large bearish candle, it was quickly countered by a strong bullish candle, completely recovering the previous drop. Although the market is now in a correction phase, the middle band of the Bollinger Bands continues to move upward, reflecting that there is still short-term momentum and a desire to test higher levels.

Based on the technical features across various timeframes, the subsequent trading strategy can continue to follow the idea of buying low and holding long positions, waiting for further market developments.

For Bitcoin, consider going long around 93000, with a target of 95000. For Ethereum, consider going long around 3250, with a target of 3380.
BTC1,92%
ETH1,53%
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BlockchainArchaeologistvip
· 01-09 11:15
You think a 150-point move is impressive? Buddy, the market needs to have over 2000 points of opportunity before you can even mention it.
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NFTRegretfulvip
· 01-08 01:50
Damn, this V-shaped rebound is really incredible. Is the 2000-point level really gone?
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FrogInTheWellvip
· 01-07 01:52
Is this another low-level buy-in strategy? Can it really make money? I always feel like I'm getting trapped.
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SmartContractDivervip
· 01-07 01:44
It's another low-level buy-in strategy. Last time I said this, I got caught in a nice plunge.
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P2ENotWorkingvip
· 01-07 01:31
It's another V-shaped recovery. How long will this routine last... But 2000 points are indeed tempting.
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quietly_stakingvip
· 01-07 01:25
Copying homework has even revealed the market trend. This V-shaped rebound is really excellent, but can 93,000 really be broken?
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