In the early morning, after the Bitcoin price retraced to the 107400 line, it stopped and started to rebound again. In the morning, the coin price was in the rebound phase, running around 108500. We continued to provide a go long strategy for the retracement, but the market did not give a significant retracement correction and extended directly upwards. During the ten-minute interval, I decisively entered a Light Position around 108700. After the market touched the 110000 mark, I exited half of my position, and the remaining position is still being held!

Currently, in the short-term pattern, the 4-hour K-line has formed a relatively long lower shadow bullish K-line and subsequently increased in volume, once again closing at a medium bullish position above the upper Bollinger Band. There are signs that bullish strength is gradually increasing, and the upward process is accompanied by a certain increase in trading volume. The short-term resistance level has been broken, and we need to pay attention to whether the trading volume can continue to maintain a high level. If there is no significant pullback, the upward trend may continue! The possibility of hitting higher price levels is increasing; conversely, if there is a setback near the new resistance level, it indicates strong selling pressure above, and the bulls need to accumulate more strength.
In the afternoon operation, brothers holding long positions can choose to take profits or leave part of their positions based on their own situation and continue to look upward. Once the coin price stabilizes above the 110000 level, consider adding positions to continue to see the bullish trend! For those who haven't entered the market, they can also follow up with small long positions after the coin price stabilizes, looking for the bullish trend to continue in the 112800-113300 range!
Ethereum is still in a consolidation pattern in the 4-hour chart, with the rebound not accompanied by significant trading volume. Currently, the coin price has touched the middle band of the Bollinger Bands. If it can break through, the bulls are expected to extend further. In terms of operations, brothers who followed in with long positions around 4300 can also keep some positions to continue looking upwards. Those who haven't entered can follow in after the coin price breaks above the 4-hour middle band, which is 4400, looking towards 4500. #九月份加密市场能否突破 #今日你看涨还是看跌？