Gu Yue: Bitcoin Hits New Highs Again, the $100,000 Threshold is Within Reach, Continue to Buy on Dips During Afternoon Trading

Hello everyone, I am Gu Yue. Bitcoin has once again reached a new high, with the price nearing $98,000. However, Ethereum has not changed much. When Bitcoin was at $60,000, Ethereum was at $3,000. Now that Bitcoin is approaching $100,000, Ethereum is still at $3,000. This indicates that there is still considerable room for Ethereum to catch up. From the current trend, the pullback strength is relatively small, and the upward trend is strong. Most of the market funds are flowing into Bitcoin, which has led to Ethereum being relatively weak.

On the four-hour chart, the MACD green energy bars are gradually shrinking, the KDJ has formed a golden cross, and the DIF line is about to cross above the DEA line to form a golden cross, indicating that an upward trend is gradually forming. In the afternoon, Bitcoin is expected to rise significantly, and there may be a pullback, but the pullback will not be large. For Ethereum, the focus is on the support levels of $96,500 for Bitcoin and $3,100 for Ethereum. If the afternoon pullback approaches these support levels, we can continue to enter long positions to gain profits.

For Bitcoin, it is recommended to go long around $96,500 with a target of $98,000-$98,500 for profit-taking.

For Ethereum, it is recommended to go long around $3,100 with a target of $3,160-$3,200 for profit-taking.

There are many types of investments, and it is important to choose what suits you best. There are many paths, and choosing the right guide is crucial. I am Gu Yue, interpreting global economic news, analyzing global investment trends, and providing daily market analysis to offer you the latest trading strategy ideas and professional investment consulting services to help you reach the peak of financial management.

This article represents personal views only and is for reference only. It should not be used as a basis for actual operations. Market conditions are unpredictable, and profits and losses are at your own risk. For the latest trading strategies, please follow the public account: Gu Yue KOL.

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