Trading Philosophy: Look at the trend in the long term, find entry points in the short term;
Technical Analysis: In terms of Bitcoin, after a six-day consecutive bearish candle on the daily chart, it rebounded after retracing to the strong support level around 68000, closing with a bullish candle. The Bollinger Bands are starting to open up, the MACD moving averages are beginning to turn upwards, bullish volume is starting to increase, and the KDJ line is moving upwards. On the 4-hour chart, the Bollinger Bands are opening upwards, the market has strongly broken through the upper Bollinger Band and reached a new high, the MACD moving averages are starting to move upwards, bullish volume is beginning to increase, and the KDJ line is moving upwards; (Yesterday's prediction of Bitcoin's daily trend)
In terms of Ethereum, after a five-day consecutive bearish candle on the daily chart, it stopped falling and closed with a bullish candle. Currently, with Bitcoin's strong rise, it is also showing a large bullish candle. The Bollinger Bands are running flat, the MACD moving averages are starting to move upwards, bearish volume continues to decrease, and the KDJ line is moving upwards. On the 4-hour chart, the Bollinger Bands are starting to open upwards, the MACD moving averages are beginning to move upwards, bullish volume is starting to increase, and the KDJ line is moving upwards; (Yesterday's prediction of Ethereum's daily trend)
In summary, the market trend is currently significantly boosted by favorable factors from the U.S. presidential election, exceeding expectations. The long positions established last night are also following the trend to profit. The bulls are very strong, and after the rise, the high-level consolidation is not significant. It is still recommended to focus on buying low in subsequent operations!
Trading Advice: Buy on dips!
Buy in the 72500-73000 range for Bitcoin, target 74500-75500, with a stop loss at 72000;
Buy in the 2580-2610 range for Ethereum, target 2680-2720, with a stop loss at 2550;
The strategy is time-sensitive, please refer to private real-time guidance for specifics!
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