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The current trend of BTC shows obvious strong characteristics: Although the daily chart is oscillating at a high level, it has been steadily rising along the short-term moving average in the larger cycle, maintaining an upward momentum amidst the fluctuations; the 4-hour level is particularly maintaining a relatively strong oscillation along the short-term moving average, and even though it is temporarily near the previous pressure zone, there is almost no adjustment space, making the probability of a short-term continuation of the rebound quite high.
The recent rise has indeed been rapid, with few pullbacks during this one-sided upward movement. Not only is it expected to refresh historical highs, but it also highlights the absolute control of the bulls—showing no hesitation when facing key resistance levels, easily breaking through as if all obstacles were non-existent. In this situation, shorting is clearly inappropriate; one can only follow the trend and go long, after all, the market has not provided an opportunity for a pullback entry. In a strong trend, going with the flow is the more prudent choice.
BTC morning operation strategy 118500-118000 target to see 120000 ETH morning operation strategy 4230-4180 go long, target to see 4330
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