Thursday midday Bitcoin Ethereum market analysis and trading suggestions

Looking back at the bullish perspective provided in the morning, Lao Tian has been continuously updating friends with the current price points. The morning long strategy has been continuously profitable, and those who followed Lao Tian's ideas must have gained a lot! The morning market has already shown a rebound as expected, reaching near the 108200 line, and then it faced pressure and pulled back. It is currently fluctuating around the 107800 line. For short-term operations, we will continue to maintain the morning long strategy at midday.

The current market shows a classic oscillating upward structure. After a price surge, there is a pullback, but overall it maintains high-level oscillation and consolidation, which is a typical high-level short squeeze market. The characteristic of this type of market is the repeated attempts to surge higher, continuously consuming the previously accumulated bullish momentum. One can pay attention to the pullback opportunity to go long lightly near the 107600 line for Bitcoin. Ethereum can also be bought near the 2480 line. It should be noted that the process of surging will continue to consume bullish momentum, so attention should be paid to the space for technical pullbacks. Each oscillating adjustment is accumulating strength for the subsequent breakthrough of new highs. One must abandon the inherent thinking that "after a big rise, there must be a big fall!"

Short-term trading suggestions:
Bitcoin is around 107600, watch 107000.
Ether is around 2480, looking at 2500.
#Kevin Lee入驻Gate广场 #港股币股热潮 #Tether 10亿美元加密储备