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In the blink of an eye, another week of trading has come to a close. I wonder if everyone achieved the expected returns this week? Since last week's BTC pullback and stabilization at the 66,000 level, this week showed an overall consolidation and recovery pattern, with the trend gradually rising and the bullish structure maintaining stability. On Friday, we made another attempt at the previous high of 74,000, and although we failed to achieve an effective breakthrough, the trend momentum has become clear. At the beginning of the week, we executed a short-term quick trade, then decisively shifted to bottom fishing, riding the uptrend with consecutive wins. Every position we laid out, from entry points to exit timing, perfectly captured the trend rhythm. In total, we captured 12,600 points on BTC and 490 points on ETH.
The current chart pattern is very clear. BTC surged and pulled back last week, settling with an inverted hammer bullish candle, with lower support confirmed. This week showed a strong unidirectional uptrend, with seven consecutive daily gains achieved, and the bullish trend becoming increasingly clear. The 74,000 level above represents significant previous resistance, with two upside attempts both encountering selling pressure and pulling back. On the four-hour level, we see a standard wave structure with higher lows and higher highs, with a healthy trend. Support at the midline has been effectively validated in previous retests. Influenced by weekend trading sentiment, the short-term recovery pace has slowed somewhat, but bullish momentum still dominates, with room for further upside expansion. Therefore, our subsequent strategy maintains our bullish outlook unchanged, observing the continuation of the recovery and breakout situations.
BTC: Long near 70,800, targeting 73,000.
ETH: Long near 2,060, targeting 2,160. $BTC #比特币站上七万美元