Thursday's Strong Market Trend | Bulls Volume Up and Attack Forcefully, Follow the Trend to Profit
The Middle East situation is turbulent, but Bitcoin is actually rising against the trend, reaching a high of 74,000 in the early morning. Currently, the bullish momentum continues to increase with strong volume, showing a very strong trend. For now, do not consider shorting.
The market never moves in a straight line; even in a bear market, there are phases of recovery and accumulation. This rebound is quite strong because Bitcoin has been consolidating below 70,000 for a sufficient amount of time, allowing selling pressure to be fully absorbed, which enhances the rebound's continuity.
The expectation of a rate cut in March was not high to begin with. The market is following a typical pattern of "buy the rumor, sell the fact": prices rise in anticipation of a rate cut, and when the cut actually happens, it tends to lead to a pullback. The previous rate cuts all followed a pattern of rising first and then falling, with a completely consistent rhythm.
In terms of strategy, first follow the trend and profit from the rebound. After the rate cut, consider setting up long-term shorts. Do not fight the trend.
Practical Entry Points
• BTC: Buy on pullback at 71,300–72,000, target 74,000–75,000
• ETH: Go long above 2,100, target 2,260
This rebound has enough momentum to potentially break through the 80,000 mark. Stick to the trend and patiently ride out this wave of market movement. #美伊局势影响
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Thursday's Strong Market Trend | Bulls Volume Up and Attack Forcefully, Follow the Trend to Profit
The Middle East situation is turbulent, but Bitcoin is actually rising against the trend, reaching a high of 74,000 in the early morning. Currently, the bullish momentum continues to increase with strong volume, showing a very strong trend. For now, do not consider shorting.
The market never moves in a straight line; even in a bear market, there are phases of recovery and accumulation. This rebound is quite strong because Bitcoin has been consolidating below 70,000 for a sufficient amount of time, allowing selling pressure to be fully absorbed, which enhances the rebound's continuity.
The expectation of a rate cut in March was not high to begin with. The market is following a typical pattern of "buy the rumor, sell the fact": prices rise in anticipation of a rate cut, and when the cut actually happens, it tends to lead to a pullback. The previous rate cuts all followed a pattern of rising first and then falling, with a completely consistent rhythm.
In terms of strategy, first follow the trend and profit from the rebound. After the rate cut, consider setting up long-term shorts. Do not fight the trend.
Practical Entry Points
• BTC: Buy on pullback at 71,300–72,000, target 74,000–75,000
• ETH: Go long above 2,100, target 2,260
This rebound has enough momentum to potentially break through the 80,000 mark. Stick to the trend and patiently ride out this wave of market movement. #美伊局势影响