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Liang Qiu: Bitcoin/Ether long orders have once again risen as expected. Once the key node is突破, it will be a smooth ride.
Bitcoin/Ethereum has repeatedly reminded to lay out long orders around 86000 and 2800 during the day. After multiple fluctuations and pullbacks, the price has surged. Currently, Bitcoin and Ethereum have reached a high of 87300 and around 2860. The pullback long orders have also secured a good space. The market is now near a key node, which is the short-term pressure below the morning high of 88000 and 2880. This position coincides with the middle line of the eight-hour Bollinger Band. Once the market breaks through the morning high, it will also break through the middle line of the eight-hour Bollinger Band, and the market will continue to rise, opening up the upper range with attention on 89000 and 2940. #Gate广场圣诞送温暖
Bitcoin/Ethereum continue to show an upward fluctuating trend. After a significant pullback in the previous period, they are currently stabilizing and rebounding in the short term, with technical and capital support in the medium to long term. Previously, multiple batches of long positions were successfully closed for profit from the low points of 82000 and 2680, and there is still space for rebound in the retracement.
Since the market has rebounded from the bottom of 80600 and 2620, as long as the retracement does not break the low point, there is still room for further upward movement. In the afternoon, the strategy for holding long positions from the retracement near 86000 and 2800 to 2820 can continue to be held patiently while waiting for momentum before further upward rebound. After the hourly and four-hour corrections, there has been some stabilization again, and the trend remains biased towards bullish. In the evening, we continue to see a dominant upward fluctuation. For those who have not entered long positions, now at 86100 and 2810, it is a good time to enter long, with short-term targets around 88000 and 2880. #Gate广场圣诞送温暖