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Good afternoon, frens. Long time no see. The travel and relaxation with real trading has come to a temporary end, and therefore, the updates on ideas and strategies have also been paused for a while, which I really miss. From today, we will return to the normal rhythm, with daily updates on our strategy ideas, providing free and scientifically reasonable breakeven plans. Recruitment for students is also officially starting. After the market's continuous sideways consolidation over the weekend, today's coin price continues the upward trend from last Friday, slowly testing upward, with Ether's movement in sync.
Looking at the four-hour chart of Bitcoin, the Bollinger Bands continue to narrow. After testing the upper band resistance, the price has seen a slight pullback. Currently, Bitcoin has four consecutive green candles slowly testing upward. However, based on the narrowing of the Bollinger Bands, it is highly likely that the intraday market will provide a new directional choice. The weekend market has just concluded, and various technical indicators show that market liquidity continues to weaken. The focus for the future market should be on tonight's U.S. stock performance and participating in the layout accordingly. In the short-term hourly chart, last night the coin price tested the support at the lower Bollinger Band and quickly rebounded after a bullish engulfing pattern. Currently, it is again near the upper band, and the continuous wicks indicate that it is still in a tug-of-war between bulls and bears. The KDJ three-line indicator has formed a golden cross and is accelerating upward, while the MACD histogram shows that bullish momentum is gradually gaining market advantage. Therefore, the short-term strategy remains to follow the rhythm and participate in the layout when there is a pullback.
Bitcoin is long around 88600, watch near 90000, and Ether is long around 3000, watch near 3100.