When Lao Li makes a move, you’ll know if there’s profit or not! Yesterday morning, after Doran Luo exited the market, he continued to give bullish ideas at noon, with a pullback to add long positions! Following closely, Doran Luo entered around 77,396 to go long, and exited when it reached 79,306, gaining 1,910 points! The market is so easy to handle this way; strategy analysis and target levels are provided in advance. If you can’t grasp this, how can you succeed in this circle?

Bitcoin once again broke through the previous high, reaching a high of around 79,444 before pulling back, with a daily candle closing. Starting today, a doji star appears, indicating sideways consolidation. This upward move isn’t over; it’s a normal pattern of rising and pulling back. The market trend is consistent with yesterday’s pre-judgment: as long as it doesn’t reach the 80,000 mark, there’s no reason to short. After this pullback near the big level, a valid correction has already occurred. Once the market completes its consolidation and builds momentum, we remain optimistic about a further surge and breakout.

The four-hour chart of Bitcoin shows three consecutive bearish candles pulling back from the upper band, but it’s still some distance from the middle band support. Currently, support is above the middle band, around 76,800, which is also our support level for today’s long positions. Ethereum, on the other hand, can only rely on the four-hour lower band support, around 2,270, with a stop-loss in place. The outlook remains bullish, with strong buying pressure expected. Operations should continue to be based on pullback entries for longs. If it breaks above 80,000, we expect the trend to continue.

Tonight, Bitcoin can be bought around 77,800-77,300, targeting near 80,000; Ethereum can be bought around 2,320-2,300, targeting near 2,450.