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#BTC On Monday, after a strong pump in the morning, the overall coin price is also consolidating around the high level, with Bitcoin's price reaching a peak of 87702. The bullish long order strategy we provided in the morning has also been validated. The movement of Ether is basically similar to BTC, steadily rising from around 1570 in the morning, with a daily high reaching 1658. The target we provided in the morning to follow 1650 has also successfully met expectations, with long orders perfectly cashed in.
From the current market situation, the overall coin price has been strongly pumped in the morning, and the overall market is currently in a high-level consolidation phase. The four-hour level line has already shown a series of bullish candles. Such a trend is usually seen as a normal pullback after a rise, and the overall market has already broken through the recent highs. In the short term, both the structure and shape are slightly under pressure, consolidating at high levels. We will follow up on the pullback in the afternoon to participate in low long orders.
Operation Suggestions
BTC 86800-87000 long order Target 88500
Long order near Ether 1630 Target 1700