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Bitcoin's price surged significantly in the early morning today, breaking through a high of 73199, and is currently oscillating around 72600. Earlier this morning, we followed market trends and went long at 71500, capturing over 1500 points. The market movement aligned with our expectations. As a new week begins, let's keep up the momentum. Friends whose recent live trading hasn't been ideal can follow my pace and help you quickly get out of your current predicament.
From the 4-hour K-line chart, the 4-hour level has produced five consecutive bullish candles, with the price steadily rising. The lows continue to rise, and the highs keep moving higher, currently in an uptrend channel with oscillations following a breakout. From the 1-hour K-line chart, the current price has pulled back after touching the upper Bollinger Band, with the Bollinger Bands opening upward but the fluctuation has slowed somewhat.
Bitcoin is trading between 72400 and 72000+, watch for 74000. Ethereum is between 2160 and 2130+, watch for 2250.