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Investing in the crypto world is like a war without gunpowder; it requires us to have firm beliefs and keen insights. Do not let short-term rises and falls disturb your mindset; learn to look beyond the surface of prices to uncover the project's intrinsic value. At the same time, maintain calm and rationality, not being swayed by market emotions. "Be greedy when others are fearful, and fearful when others are greedy" applies equally in the crypto world. Reviewing the weekend market on Sunday evening, BTC's trend was relatively flat, dipping to a low of 117245 in the morning before stopping the fall and rebounding. In the afternoon, it reached a high of 118214, with long positions providing over 1000 points of upward space. This week, Ether showed a strong one-sided upward trend overall, with the pace slowing down over the weekend. In the morning, it also stopped at the low of 3531 before moving upward simultaneously, currently reaching a high of 3695, with long positions bringing about a 150-point rise. In the afternoon, Ether once again strongly broke through, reaching a new high near 3750 and continuing to climb. The strategy of frequently emphasizing "adding to long positions on pullbacks" has been successfully validated, with profits realized as expected from adding long orders during both the morning and afternoon pullbacks.
The BTC monthly chart remains firmly above the upward trend line, continuing a strong pattern of four consecutive bullish candles. Although this month’s candlestick has a certain upper shadow, it is more of a normal pullback correction for building momentum for future highs, and the bullish volume continues to be released. We just need to patiently wait for the market to stabilize, and BTC is expected to launch another attack on higher levels. The performance of Ether on the monthly chart is even stronger, with a solid bullish candlestick resembling a sprout emerging from dry land, showcasing the overwhelming power of the bulls, leaving the bears with no chance to fight back. Currently, there are only about 200 points left to reclaim a price starting with 4. With this momentum, returning to the previous highs is just a matter of time. Looking at the BTC weekly chart, it shows a pattern of probing higher and then retreating. Although the upper shadow is long, the downward space is clearly limited, and overall, it is in a wide-ranging oscillation rhythm. This aligns with previous judgments – flexibly switching between step-like upward movements and oscillating upward movements. Once the oscillation correction is complete, the overall bullish outlook remains unchanged, and new highs are still worth looking forward to.
Operation recommendations BTC strategy: Long around 117500, target: around 119000. ETH strategy: Long around 3720, target: around 3820. #山寨季何时到来?# #特朗普施压鲍威尔#