To da moon🛫️🫴, fighting?!

U.S. stocks closed higher on Thursday, with the Dow Jones initially up 0.21%, the S&P 500 up 0.63%, and the Nasdaq up 1.52%. Driven by earnings reports and positive news, Microsoft (MSFT.O) surged 7.63%, Meta Platforms (META.O) rose 4.23%, and NVIDIA (NVDA.O) increased by 2.47%. The Dow and S&P 500 have both risen for the eighth consecutive trading day. Strong quarterly results from Microsoft and Meta eased concerns that economic turbulence would lead to a slowdown in AI spending. Last week, the number of initial jobless claims in the U.S. rose to the highest level since February, exceeding economists' expectations. The cryptocurrency market overall 📈 rose, with Bitcoin breaking through the 95,000 resistance level, peaking at 97,400, currently reporting at 96,320. Ethereum showed strong performance, peaking at 1,872, and SOL broke through the key resistance level of 150.
Bitcoin reached a low of 95801 during last night's trading and began to rise, currently peaking at 97400. With the monthly line closing positively, it may signal the end of nearly three months of pullback adjustments. After a high close on the daily line, the weekly closing battle this week may intensify the oscillation and liquidation period. The operation should focus on "wide oscillation" as the core strategy, flexibly responding to breakout and pullback repairs. The previous pullback has not changed the overall strong structure, and it is currently in an upward trend. The daily line has formed consecutive positive candles, recovering lost ground, and the visible lower points are continuously rising. The short-term rebound is relatively strong, with the daily line sharply rising to high levels, and it still shows a continuation trend in the short term. Currently, the 4-hour chart is pushing the upper band of the Bollinger Bands to widen, with effective support still above the middle band, and the price has also broken the constraints of the upper band. The hourly chart shows a strong one-sided upward trend, with each pullback stopping at the middle band level. The middle band serves as a lifeline for short-term bulls, and any slight pullback is a buying opportunity. Typically, in a slow rising trend with small positive candles, there has not been a quick volume surge, making it difficult to say that a peak has been reached. The short-term will continue to maintain this slow rise.
Ethereum also began to rebound after touching a low of 1825, with a peak reaching the 1872 line. It follows the rhythm of Bitcoin but is relatively weaker. The 1-hour chart shows that there is strong buying support in the 1800-1830 range, but the 1900 level is facing selling pressure. However, the bullish trend remains unchanged, and attention should be paid to signs of stabilization after a pullback. After breaking the level yesterday, the continuity of the market is very obvious. The rhythm of continuing to rise after the breakout has been the rule of the recent market trend. I've often mentioned that without breaking, there can be no establishment; once broken, follow the trend, and you can usually capture good opportunities. The market still follows a step-by-step rhythm, rising and then pulling back for adjustments, and after adjustments, it rises again to refresh the high points. Under this kind of trend, the operation is relatively clear: in the bullish trend, patiently wait for the opportunity to buy low after the pullback, especially after a breakout action, just continue to buy on the pullback.