Do not worry about having no friends on the road ahead; there are like-minded individuals on the investment journey. Good afternoon, everyone! I am the King of Coins from the Coin Victory Group. Thank you all for coming here to watch the King’s articles and videos, and I hope that the brothers who have been following the King will return.

**Click the link to watch the video: **https://www.bilibili.com/video/BV1jHStYTE1m/

Just yesterday, I shared my optimistic view that the bull market pattern has begun, and this morning the market surged directly to 70,000, which perfectly aligns with my trend judgment. However, unfortunately, the market did not provide a pullback, and many friends waiting to buy the dip missed their entry opportunity. Personally, I believe that as long as this wave does not break the historical high, there will be one more extreme pullback, which will scare off retail investors who are going long. This pullback is the real opportunity that ordinary retail investors should seize.

Let’s take a look at the specific trend of Bitcoin. From the daily chart, there is a clear bullish indicator: the 50-day moving average has crossed above the 200-day moving average, forming a golden cross. This is a very typical bullish signal. The last time this golden cross appeared was in October of last year when Bitcoin was priced at 26,000. Friends familiar with the trend should know what happened afterward. From the daily chart of Bitcoin, yesterday closed with a large bullish candle, and today’s trend continues to rise, gradually approaching the 7.2 neckline resistance mentioned in yesterday's article. Next, we need to pay close attention to whether Bitcoin can break through and stabilize above 7.2. Once it successfully breaks through, there is a high probability of further challenging the historical high of 7.37. From the current market trend, this upward movement seems quite likely; on the 4-hour chart, after breaking through the 6.95 high, the current price is steadily rising along the 4-hour MA5 and 10-day moving averages. In terms of short-term strategy, as long as the price continues to run upwards relying on the 5-day moving average, it can be regarded as a one-sided bullish trend, with operations primarily focused on long positions until it loses that moving average.

BTC Strategy: Lightly position long orders around 7.07. If it pulls back to 70,000, you can increase your long position, targeting around 7.2; for short positions, it’s best to wait and observe, looking for opportunities after the price breaks above 7.2.

This is the thought process for Bitcoin today. If any friends are stuck in positions, feel free to reach out to the Coin Victory Group, and I will help you resolve your issues.

From the daily chart of Ethereum, driven by Bitcoin's surge, Ethereum has recorded four consecutive bullish candles and is currently breaking and stabilizing above the daily MA10 (2570). Next, we will focus on the daily MA120 moving average (2720) as the next resistance level. In the 4-hour chart, it has broken through the key resistance level mentioned yesterday, and the short-term strategy is primarily bullish.

ETH Strategy: Lightly position long orders around 2605. If it pulls back to 2580, you can increase your long position, targeting above 2700; for short positions, consider entering above 2720.

This article is independently written by the Coin Victory Group. Friends in need of current price strategies and solutions can find the Coin Victory Group online. Recently, the market has been primarily characterized by fluctuations, accompanied by intermittent spikes, so when making trades, please remember to control your take-profit and stop-loss levels. In the future, when facing significant market data, the Coin Victory Group will also organize live broadcasts across the internet. Friends who wish to watch can find the Coin Victory Group online and contact me for the link.

Mainly focused on spot and contract trading for BTC/ETH/ETC/LTC/EOS/BSV/ATOM/XRP/BCH/LINK/TRX/DOT, specializing in styles such as mobile locking strategies around high and low support and resistance for short-term fluctuations, medium to long-term trend trades, daily extreme pullbacks, weekly top predictions, and monthly head predictions.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。