Evening market continued with volume surge and price break-out, afternoon pullback also provided synchronized thinking for everyone to continue layout long positions, unsure how many friends managed to catch this trade following our strategy. From afternoon to evening, the market gradually surged through the 72000 level with volume, currently price maintaining oscillation above 72000, overall price running range shifted upward, consistent with the thinking shared during our morning live stream, market recovered and consolidated above 72000. After Ethereum surged in early session, price action appeared relatively weak, evening peak pulled to around 2130, we took our long position layout at 2100 intraday and exited after capturing 30 points profit.



From daily structure perspective, price probed and recovered near the Bollinger Band upper rail consolidation, market exhibited strong structure, possibility of breaking recent highs after V-shaped bottom formation. As market further recovers, Bollinger Band continues to show expansion pattern, evening after US market open still has potential for uptrend continuation. Combining four-hour chart, six consecutive rising candles probing recovery, price overall opens certain uptrend opportunity channel, currently market is in continuous exploration stage, still should not lightly enter short positions. Current bottom support structure at 71000 level, if pullback doesn't break this level still remains our long opportunity, operationally wait for pullback to continue layout long positions, focus on whether price can move up progressively and stabilize at 72000 level.

BTC can long at 71000-71500, target 72600-74000. ETH can long at 2100-2120, target 2150-2200. $BTC $ETH
BTC3.86%
ETH5.31%
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