Bitcoin bulls remain strong! Can Ethereum hold at 4100?

The year is not far off, everything is calm, time is serene, the years are safe, and the Laba Festival is approaching.

Yesterday, 90 gave a precise trigger for the market at over 99000 for long positions again. In the evening, I reminded that any point below 100000 could be a buy. Many entered above 990 before the U.S. stock market opened, and after the market opened, the trend continued to rise according to the plan. Whether for short-term or swing trades, the favorable space is very ideal, peaking at 102400. In the evening, I was busy with real trading and couldn’t respond promptly to community fans; I hope everyone can understand!

Currently, looking at the daily chart of Bitcoin, it shows seven consecutive bullish candles turning bearish, with the Bollinger Bands in a contracted shape. The four-hour chart of Bitcoin still has a strong bullish candle at the bottom, effectively stopping the downward trend, and at the same time, the candlestick formed a lower shadow. This is a typical sign of a resilient bull market, and the pullback in the candlestick is merely a correction. The bullish pattern has not changed, and the support line is still around 100000, with the moving averages in a bullish arrangement continuing to look for a range-bound upward movement!

Therefore, still focus on entering long positions around 101000. If it retraces to 100000 and does not break, it can be added to the position. The upper level should first pay attention to the high point of 102400. If the high is broken, continue to look at 103500. Regardless of the position size, make sure to manage risk well!

Focus on the 90 trading system, like and follow #加密市场反弹