In the turbulence of the cryptocurrency market, fluctuations are the norm, and perseverance is a practice. There is no need to panic over short-term ups and downs; the bull-bear cycle is the fundamental nature of the market, and true value is revealed through the depths of the lows. Protect the principal bottom line, restrain greed and fear, anchor direction with understanding, and patiently await the winds to come. All gains achieved through cycles stem from a calm and clear-headed persistence, enduring the ebbs and flows, and ultimately encountering one's own dawn. The midnight price comparison faced pressure and fell back from the high point of 94555, while consolidating horizontally after the low point of 91900; Ethereum is similar, retracting from the high point of 3397 and consolidating after the low point of 3283.
On the daily chart, there has been a continuous rise, with prices steadily climbing along the upper band of the Bollinger Bands, accompanied by increased trading volume, indicating strong bullish strength and solid control. The short-term upward channel remains intact, with a high probability of continuing the upward trend. On the hourly chart, a brief pullback has occurred, which is a normal consolidation during the upward process, and there is no need for excessive concern. Currently, the Bollinger Bands are continuously expanding, with no significant resistance observed above, and the upward space remains open. Notably, the KDJ indicator has entered the overbought zone, indicating the possibility of a short-term pullback technically, but this is not a signal of trend reversal; rather, it can be seen as a good opportunity to position oneself at lower levels. Subsequent operations are recommended to follow the trend, maintaining a bullish perspective and seizing opportunities to intervene during pullbacks.
Operational suggestions: Big Coin: around 92000, target looking at 96000
Second Coin: around 3250, target looking at 3500 $BTC $ETH
The fluctuations in the cryptocurrency market are never the end, but a tempering of patience and understanding. Volatility is the norm, panic is a trap, and a long-term perspective is the foundation for navigating bull and bear markets. Do not be swayed by short-term candlestick movements or market sentiment; maintain your rhythm, deepen your understanding, and the strength accumulated in the lows will eventually shine at the turning points of the cycle. Endure the turbulence to grasp long-term dividends. The evening market has been influenced by news and continues to rise, with Bitcoin climbing to 94555 before facing resistance, subsequently entering a downward fluctuation; Ethereum synchronized with Bitcoin, reaching the 3397 line before also retreating.
From the current market observation, the daily level has consecutively recorded gains, with prices running near the upper Bollinger Band, and trading volume expanding simultaneously, indicating a relatively positive market sentiment for buying, with ample upward momentum. In terms of overall trend, the short-term rising channel remains intact, and the probability of continued upward movement is high. On the hourly level, the market has entered a brief corrective phase after consecutive gains. The Bollinger Band's opening continues to expand, indicating that there is still room for further upward movement above, with no significant resistance signals appearing in the short term. However, it should be noted that the KDJ indicator has entered the overbought area, indicating a certain need for a technical pullback. In terms of operations, it is recommended to follow the trend primarily, and consider going long only after waiting for prices to pull back near key support levels, while also ensuring to set stop-losses.
Operation suggestions: Bitcoin: around 92000, target looking at 96000
Ethereum: around 3250, target looking at 3500 $BTC $ETH
The ups and downs of the cryptocurrency market are a common occurrence; the real game is never in the fluctuations of the K-line but in the certainty of the human heart. Do not be greedy for the temporary profits of a surge, do not fear the panic of short-term fluctuations. Use idle capital to protect the bottom line, use discipline to stop losses and maintain confidence. Patiently wait for trends, rationally control desires. The cycle of bulls and bears is a test, as well as a selection. Those who endure the cold depths and withstand the frenzy of the market, maintaining their cognition and composure, will eventually see their own dawn through every step of sediment during the cycle. The market never lacks opportunities; what is lacking is the ability to maintain a stable mindset and survive until the opportunity arrives. Moving slowly and steadily is the way to long-term stability. The intra-day market trend is relatively slow, with evening prices boosted by the opening of the US stock market, Bitcoin surged to around 94,000 points, and Ethereum rebounded simultaneously, reaching a high of 3,380 points. Intra-day consistent real trading layout captured over 1,596 points of space! Ethereum's simultaneous layout captured over 67 points of space!
On the four-hour level, after stabilizing in the middle track of the Bollinger Bands, the price strongly surged to the upper track region with two consecutive bullish candles, fully releasing bullish momentum and successfully breaking through the previous range of box fluctuations. Although the short-term upward momentum has slowed down, the overall rebound trend remains unchanged. On the one-hour level, two full-bodied bullish candles have accumulated a substantial upward base through the method of time for space. Currently, the price is showing a convergent consolidation trend at a high level. Meanwhile, various technical indicators have formed golden crosses and turned upward, indicating that there is still room for further upward movement in the future, but the current high level still faces certain resistance. In the evening operations, it is recommended to focus on buying at low levels, and be sure to set stop-loss protection when entering the market.
Operational Suggestions: Big Cake: around 93,000, target looking at 96,000
Second Cake: around 3,300, target looking at 3,600 $BTC $ETH
In the cryptocurrency world, fluctuations are commonplace; true confidence lies in understanding and composure. There's no need to be troubled by short-term volatility that disturbs the mind, nor to chase trends in a panic that disrupts one's steps. Understand value and maintain your core; opportunities hide within risks, and patience will eventually lead to rewards. Reduce greed and blind following, and increase rationality and perseverance. Only by enduring storms and fluctuations can one steadily grasp the glory bestowed by the cycle. Long-term thinkers always end up smiling in the end. This morning, Bitcoin rose to around 91374 before facing a correction, dipping to a low of 89500 before stabilizing and rebounding; Ethereum synchronized with Bitcoin, initially rising to about 3153 before coming under pressure and touching a low of 3090 before rebounding.
From a technical structure perspective, on the daily level, the KDJ and MACD indicators continue their oscillating upward trend; the upper BOLL band has slightly opened, and prices are currently stable above multiple short-term moving averages such as MA3, MA5, and MA10, with both MA5 and MA10 maintaining an upward oscillating trend. On the 12-hour level, KDJ, MACD, and BOLL indicators show an overall horizontal consolidation with slight upward movement; in the main chart, the MA5 and MA30 moving averages continue to rise steadily. A review of yesterday shows that the overall market price remains above the MA5 and MA10 moving averages, indicating that the market is repeatedly testing the strength of the lower support. Overall, the short-term market is expected to continue its oscillating upward rhythm. Operationally, it is recommended to primarily buy on dips at lower levels, with specific entry and exit points as follows:
Operational Suggestions: Bitcoin: around 89800, targeting 92000 Ethereum: around 3050, targeting 3400 $BTC $ETH
The rise and fall of the cryptocurrency market is a norm, and perseverance is the confidence. There is no need to chase fleeting trends, and do not be disturbed by the myths of others' sudden wealth; awareness and patience are the confidence to navigate through bull and bear markets. In a bear market, focus on strengthening awareness, while in a bull market, steadily control greed. Do not rely on luck or emotions; protect the principal and maintain rhythm. Over time, persistence will turn into surprises, and stability will pave a smooth path. Being able to stay in the market for the long term is already the greatest advantage. This morning, Bitcoin rose to around 91374 points before encountering a correction, dropping to a low of around 89500 points before stabilizing and rebounding; Ethereum mirrored Bitcoin, initially rising to 3153 points before facing downward pressure, rebounding after hitting a low of 3090.
From the current market perspective, the price has been consolidating narrowly below the midpoint of the range on an hourly level, with volatility gradually narrowing, reflecting strong market wait-and-see sentiment and insufficient momentum. In terms of candlestick patterns, a clear long lower shadow appears at the bottom, indicating strong support below and sufficient release of selling pressure, which is expected to build strength for the subsequent rebound. In terms of operation, it is recommended to use the effective breakthrough of key resistance levels as a trend confirmation signal; before the market forms a clear direction, a range-bound strategy can be temporarily adopted, patiently waiting for the market structure to become clearer before choosing to operate in the direction of the trend.
Operational suggestions: Bitcoin: around 89800, target at 92000
In the cryptocurrency world, fluctuations are the norm. Staying true to oneself amidst the storms will reveal long-term brilliance. Do not let short-term volatility disturb your mindset, nor be misled by the illusion of sudden wealth. Stop-loss is the clarity of self-protection, and patience is the foundation of compound interest. Reduce blind conformity and impatience, increase rationality and certainty, and progress steadily. Every bit of perseverance lays the groundwork for your own market trend. Keep your mindset steady to achieve a stable and far-reaching journey. Bitcoin dropped from 89553 to a low point and then gradually climbed up to 91338, followed by a slight retreat, stabilizing around 90200 for adjustment; Ethereum followed Bitcoin's rhythm, hitting a low of 3066 before surging over 100 points to 3152, but it couldn't hold and retreated to around 3110.
Currently, market sentiment continues to warm up, with bullish momentum gradually increasing. The market has shown a clear trend of oscillating upwards, with an overall pattern leaning towards a strong continuation. From the hourly chart perspective, the previously predicted W-bottom technical pattern has been accurately fulfilled. The morning market touched the neck line of the pattern and then fell back under pressure, dipping to the bottom support area, followed by a rapid rebound that formed an effective stop-loss, with a second bottom structure fully established. In terms of candlestick patterns, a significant long lower shadow appears at the bottom, visually confirming that the support area has strong resilience, and the selling pressure has been fully released, further enhancing the momentum for the subsequent rebound. Currently, bullish attack signals remain clear, and it is recommended to actively layout long positions based on the bullish trend. In the short term, focus on the pressure near the peak of the W shape around the 92000 mark, and flexibly adjust the position rhythm based on the breakthrough situation at that level.
Operation suggestion: Bitcoin: around 89800, target at 92000
The fluctuations in the cryptocurrency market are unpredictable, with both rises and falls being the norm. Maintaining a steady mindset is essential for long-term success. Do not let short-term volatility disrupt your peace of mind, and do not let market emotions influence your decisions. Stopping losses is a form of respect, patience is a source of confidence, and understanding is also a source of confidence. Stick to your own rhythm, endure the storms, and you will eventually wait for your own market and brightness. Looking back at the early morning hours, there were no significant fluctuations in the market, and the trading market was quite quiet. The entire market was in a 'rest and recuperation' phase after a sharp decline, only moving slightly in the later hours of the night. Bitcoin fell from 89553 to a low point before slowly climbing back up to 91338, then slightly retracing and stabilizing around 90200; Ethereum followed Bitcoin's rhythm, after dropping to a low of 3066, it surged over 100 points to 3152 but could not hold and fell back to around 3110. Currently, the 1-hour chart shows a downward oscillation trend, with the Bollinger Bands opening downwards and prices running near the lower band, with short-term bearish forces dominating. The support at the 89000 level is relatively solid, restricting further price declines, and the market is maintaining a narrow range consolidation in the short term. Observing the candlestick patterns, three consecutive long bearish candles have formed, with increased trading volume, indicating that bearish momentum is still being released. Recent highs are gradually moving lower, but the lows have not yet been effectively broken, and the descending channel structure is relatively clear. The short-term market is likely to continue the weak pattern, overall in a bearish-dominated downward oscillation phase. The effectiveness of the lower support has become the current focus. It is recommended to remain cautious, wait for price retracement and accumulation of strength, and for the trend to become clear before choosing to enter long positions; it is unwise to blindly chase after rises or falls.
Operation suggestions: Bitcoin: around 89500, target 92000
The cryptocurrency market is unpredictable, and patience and determination are the real confidence. There's no need to panic over short-term fluctuations; bear markets filter out impatience, while bull markets reward steadfastness. Each period of reflection is for better energy accumulation. Maintain a clear understanding, control your own pace, avoid being greedy for temporary profits, and do not be trapped in the current lows. Stabilize your mindset to navigate through bull and bear markets; time will eventually reward rationality and persistence. Looking back at the early morning hours, the market showed no significant fluctuations, and the trading market was quite deserted. The entire market was in a 'rest and recovery' phase after a sharp decline, only slightly moving in the later hours. Bitcoin fell from 89553 to a low point and then slowly climbed up to 91338, before slightly retreating and stabilizing around 90200 for adjustment. Ethereum followed Bitcoin's rhythm, hitting a low of 3066, then surged over 100 points to reach 3152, but couldn't hold its ground and fell back to around 3110. Observing from a 4-hour perspective, the market is overall in a pattern of repeated fluctuations, with the amplitude gradually narrowing. The price is maintaining a narrow range between 89000-90500, without forming a clear one-sided trend. The candlestick chart mostly runs in the upper-middle range, and although it has attempted to break upwards multiple times, it has been blocked and retreated around 91500, indicating strong resistance in this area. At the same time, the support at the 89000 level is evident, successfully resisting downward movements several times, becoming a key position in the current long-short game. Switching to a 1-hour perspective, the market has entered a consolidation phase, with prices slowly operating below the middle axis, and the fluctuation range further contracting. The candlestick chart shows a pattern of rapidly rebounding after a downward fluctuation, indicating certain buying support at lower levels, but overall momentum is weak. Additionally, from the technical indicators, the MACD remains close to the zero line, while the RSI hovers in the neutral zone, both indicating that the forces of supply and demand are temporarily balanced, making directional breakthroughs difficult in the short term. In summary, the current market is in a state of energy accumulation and consolidation, and the direction has not yet become clear. Therefore, the afternoon operation suggestion is to focus on buying on dips after corrections, avoiding blind chasing of highs, and patiently waiting for stabilization signals before deciding to intervene.
Operation Suggestions: Bitcoin: Around 89000 for entry, target at 93000
Ethereum: Around 3050 for entry, target at 3400 $BTC $ETH
The cryptocurrency market is unpredictable, with bull and bear cycles being the norm. There is no need to be overly joyous about a sudden price surge, nor anxious about a short-term price drop. Stick to a rational mindset, deepen your understanding of value, filter out market noise, endure the loneliness of waiting, withstand the test of volatility, and live on the trading floor. Only then can you catch the compound interest and opportunities that time offers. Steady and slow perseverance will ultimately help you transcend cycles and encounter your own moments of brilliance. Looking back at the early morning period, there were no significant fluctuations in the market, and trading was quite quiet. The entire market was in a “rest and recuperation” phase after a sharp decline, until it began to show some movement later in the night. Bitcoin fell from 89553 to a low point and then slowly climbed back to 91338, after which it slightly retraced and stabilized around 90200; the altcoin followed Bitcoin's rhythm, hitting a low of 3066 before surging over 100 points to 3152, but it couldn't hold and retraced to hover around 3110. The current market is in a brief retracement and consolidation phase, but the downward momentum has weakened. Observing from the four-hour level, the price is currently operating above the middle band of the Bollinger Bands, with multiple tests of the middle band failing to form an effective breakthrough, indicating a clear lack of bearish momentum at this position. This suggests that the short-term pullback is more of a technical repair, with the potential for further stabilization and rebound. On the hourly level, the price is gradually forming a W-bottom pattern and is currently in the neck line position under pressure and retracing. It is expected that after touching the support below, the market may end the consolidation and start a new round of bullish trend. In terms of operation, one can wait for the price to fall to the key support area in the morning before choosing the right time to enter long positions.
Operation Suggestions: Bitcoin: Around 89500, target at 93000
The cryptocurrency market is unpredictable, with both rises and falls being commonplace. The true winners are not those who rely on luck, but those who maintain a stable mindset and adhere to discipline. The principal is the foundation that remains at the table, stop-loss is the awareness of market respect, cognition is the light that pierces through the fog, and patience is the wisdom to wait for the cycle. Do not be greedy for short-term profits, do not be trapped by temporary fluctuations, avoid impatience and following trends, and hold on to value firmly. Enduring the cold winter of a bear market will eventually lead to the glory of a bull market. Every bit of accumulation and perseverance paves the way for long-term profitability. Yesterday, there was a wave of upward movement from 89000 all the way to 92000, which, although not large, can be seen as a small rebound. It was a clear bait for short positions. Anyone who has been in the cryptocurrency circle for many years can see this. The market has been consolidating around the 90000 mark, and regardless of whether it moves south or north from this position, there are risks involved. It is advisable to wait until the market moves before deciding. The highest before the daily candlestick report was 92260, the lowest was 89550, and the trend indicators are continuing to contract. The fast and slow lines are converging, indicating that the market will also show contraction, with a duration of at least one week.
From the current market perspective, the four-hour Bollinger Bands are showing a contracting trend, with prices running between the upper and middle bands, overall presenting a range-bound oscillation pattern. In terms of technical indicators, the KDJ three lines are diverging upwards, reflecting a short-term recovery in buying power, but the pressure from above remains significant, and a clear trend direction has not yet formed. On the hourly level, prices have established a small box oscillation structure, with the upper and lower bounds being touched multiple times and showing effective rebounds, indicating that this range has strong support and resistance. During the oscillation process, there have been frequent appearances of doji candlesticks, indicating intense games between bulls and bears in the current area, with market sentiment tending towards balance. Although there have been occasional rebounds during the session, the overall price still has not escaped the box range, and a trend breakthrough signal has not yet appeared. In terms of morning operations, it is recommended to wait for the market to pull back to nearby key support levels before considering positioning, and to pay attention to risk protection, primarily following the trend.
Trading Suggestions: Bitcoin: around 90000, target looking at 93000
Altcoin: around 3080, target looking at 3400 $BTC $ETH
The cryptocurrency market is unpredictable, with fluctuations being the norm. Maintaining a calm mindset is the key to longevity. The principal is the confidence that remains at the poker table, stop-loss is the wisdom of gathering strength for rebirth, and patience is the key to navigating through bull and bear markets. There is no need to be anxious about short-term fluctuations; reduce impulsive chasing of price increases, and increase the determination for value investing. Enduring the lows will ultimately lead to a favorable trend; every bit of perseverance and accumulation is paving the way for a harvest and glory. Yesterday, there was a surge from 89000 to 92000, which may not seem like much but is a small rebound. It was a clear bait-and-squeeze market. Anyone who has been in the cryptocurrency space for many years can see this. Currently, the market is hovering around the 90000 mark. This position carries risks whether it goes down or up, so it is advisable to wait until the market direction is clearer before deciding. The highest before the daily candlestick report was 92260, the lowest was 89550, and the trend indicators are continuing to contract. The fast and slow lines are converging, indicating that the market may also see a contraction, lasting at least a week. The current rebound trend continues, with bullish strength once again gaining traction. From the four-hour perspective, the price briefly dipped below the middle line of the Bollinger Bands but quickly rebounded, showing a clear rebound pattern, indicating that the middle line support is still effective, and bearish momentum has not sustained a breakthrough. Market sentiment is gradually shifting towards bullish. The hourly level shows that the market is currently operating in the lower Bollinger Bands area, with significant bottom support. The candlesticks have formed long lower shadows, reflecting clear resistance against bearish movements, with insufficient downward momentum. Overall, the current trend maintains a rebound pattern. It is recommended to position long orders in line with the trend and seize the opportunity for upward movement.
Operation suggestions: Bitcoin: around 90500, target 93000
In the cryptocurrency world, mindset is king, and patience triumphs over brilliance. There's no need to be troubled by short-term fluctuations that disrupt your focus, nor to let greed and luck deplete your resolve. Stick to your capital bottom line, anchor to long-term trends, maintain a steady pace, and you will often win. The cycle of bulls and bears is the norm; fluctuations hide opportunities. Navigate rationally without blindly following others, and remain calm and steadfast to eventually see the light. Every bit of composure and persistence paves the way for harvesting across cycles. Bitcoin/Ethereum short positions have been successfully taken; in fact, last night several trades yielded decent space. The current market is in a rebound phase, paying attention to the daily high point under pressure, waiting for the market to rise before entering short positions, and watching for support at 88000 and 3000. Daily winning live layout for Bitcoin captured over 1275 points of space! Ethereum synchronized layout captured over 66 points of space!
The Bitcoin market has formed a clear bearish pattern. On the four-hour level, the price has repeatedly faced resistance at the 92262 line, showing a typical pattern of momentum exhaustion and a long bearish reversal; subsequent rebounds have failed to recover the large bearish candlestick body, indicating that the selling pressure above is persistent and effective. Transitioning to the one-hour chart, it can be seen that the highs are gradually declining, with each rebound quickly being engulfed. The candlestick structure shows a weak declining pattern, representing a technical correction after a breakdown rather than a底部 signal. Overall, the market remains in a bearish continuation phase, with no signs of trend reversal yet. Short to medium-term operations should still focus on a bearish outlook.
Operational suggestions: Bitcoin: near 90500, target at 88500
The fluctuations in the cryptocurrency market are never the end, but rather a practice of cognition and determination. Volatility is the norm, panic is a trap, and real opportunities lie in the low points when others are fleeing in fear. Do not be swayed by short-term fluctuations; anchor value with cognition, traverse cycles with patience, hold enough chips, stay true to your heart, endure through storms, and you will eventually wait for your own dawn. Looking back at the morning market, Bitcoin accurately rebounded from the low point of 89242 and quickly stopped its decline. It is currently fluctuating around the key level of 91500, with rebound momentum continuously being released! Ethereum is also showing a rebound after hitting a low of 3028, quickly stabilizing and rising, currently reaching a peak of 3179, closely following Bitcoin's rhythm, with full interactivity! The overall market has escaped the weak pullback and has officially switched to a fluctuating upward mode. Those who hesitate and dare not enter the market, are you going to miss this wave of rebound dividends again! Today, after Bitcoin's price rose to around 92200, the upward momentum has weakened. From an hourly perspective, the bullish volume is gradually contracting, and the KDJ indicator has formed a golden cross at a high level and has now turned downward; the 4-hour MACD also shows a death cross risk, with short-term pullback pressure emerging. In terms of operations, it is recommended to wait for prices to rebound near key resistance levels to set up short positions, seizing potential opportunities for profit from downward movements.
Operational suggestions: Bitcoin: around 92500, target 90000 Ethereum: around 3200, target 2900
The cryptocurrency market is unpredictable; only patience and clarity can provide the foundation for breakthroughs. There's no need to panic over short-term fluctuations; the market never lacks opportunities, but it does require respect for capital and the ability to resist temptation. Volatility is the norm; understanding defines the height of perception, and long-termism will eventually allow time to crystallize into value, transcending bull and bear markets. Reflecting on the morning market, Bitcoin accurately retraced to a low of 89242 before quickly stopping its decline, currently oscillating around the key level of 91500, with rebound momentum continuously being released! Ethereum is also exhibiting a bottom-rebound trend, stabilizing quickly after dipping to a low of 3028, currently peaking at around 3179, closely following Bitcoin's rhythm, with full interactivity! The overall market has shaken off the weak pullback and has officially switched to an oscillating upward mode. Those who hesitate to enter might miss this round of rebound profits!
On the weekly level, both Bitcoin and Ethereum closed with bullish candles, but have not yet effectively broken through the key weekly resistance levels—Bitcoin is near 94000, while Ethereum is around 3200. On the daily chart, Bitcoin maintains a steady upward rhythm, with the current key pressure zone of 93500-94500 still effective. After the market first tested, it retraced to the support level of 89000, and it is expected to test the upper pressure again. If it successfully breaks through, it is likely to further challenge the 100000 round number; conversely, if it fails to break effectively, the market may continue the previously mentioned box oscillation pattern. Ethereum's trend is basically in sync with Bitcoin; the current key resistance level of 3230 has not been effectively broken, and the market is also retracing to the support level of 3000 while preparing to test the pressure again. If an effective breakthrough is formed, it may challenge the 3600 level; otherwise, the market will also initially establish a new box structure, entering an oscillation adjustment phase. Observing from the 4-hour level, both Bitcoin and Ethereum are in a trend of testing previous highs after retracing to support. If constrained by the box structure, the market may rise and then fall back; however, if an effective breakthrough occurs, it can continue to look upwards towards higher targets. The current price is close to the upper edge of the box structure's pressure, so it is advised to prioritize short positions in subsequent operations.
Operational Suggestions: Bitcoin: around 93000, target 90000
The rise and fall of the crypto market, mindset determines wins and losses. Fluctuations are the norm, patience is the foundation, do not let short-term volatility disturb your mindset, do not let market noise disrupt your judgment. Maintain the baseline of your capital, stabilize your holding strength, navigate through the cycles of bull and bear markets, and understanding and persistence will ultimately illuminate the path to profit. Slowly endure the passage of time, and you will eventually welcome the dawn. This morning, Bitcoin rebounded after dipping to a low of 89242, currently showing a fluctuating consolidation pattern around the 91500 mark, with both parties engaged in brief games within this range. The trend of Ethereum is in sync with Bitcoin, also stabilizing and attempting to rise after a pullback to a low of 3013 this morning, showing a short-term upward fluctuation.
Since the market opened this week, prices have consistently remained above the 90,000 mark. From the weekly structure, the market is likely in the process of forming a temporary top this week, with a low probability of a significant unilateral trend occurring, and it still operates within a triangular consolidation pattern. Currently, the short-term daytime trend continues to rise, having tested the key resistance area near 91800 again. The selling pressure in this area is quite evident, and the upward momentum of prices shows signs of fatigue. Therefore, the current rebound can be seen as an opportunity to establish short positions at elevated prices.
Trading Advice: Bitcoin: Around 92000, target 89000
In the cryptocurrency world, fluctuations are the norm, and composure is the foundation of confidence. There is no need to be troubled by short-term volatility or to chase hotspots disruptively; with deep enough understanding, fluctuations become noise; with sufficient patience, time will reward. Protect the baseline of principal, anchor long-term value, avoid greed for temporary profits, and do not fear short-term lows. Enduring through cyclical storms will ultimately allow one to wait for their own market and glory. Bitcoin faced resistance near 90300 yesterday after a spike, quickly dropping to around 87500 to liquidate long positions before beginning a slow ascent until breaking the previous high point. Currently, the chart shows that short-term momentum has strengthened, with prices above the moving average and a bullish engulfing pattern appearing, indicating some potential for a rebound in the market.
On the four-hour level, Bitcoin displays a "bullish engulfing" candlestick combination, indicating that short-term bulls are attempting to fight back. During the upward process, the volume was insufficient, and the resistance in the 92000‑92500 range continues to exert pressure. From a structural perspective, the chart has preliminarily shown the embryonic form of a head and shoulders pattern, with the neckline currently around 90000; if prices effectively break below this level, the pullback pattern may be confirmed. In terms of indicators, the MACD has been repeatedly converging near the zero axis, without forming a clear directional trend; the RSI is in a neutral range and has not issued overbought or oversold signals. Overall, the market's daytime trend tends to be oscillatory consolidation.
Operational suggestions: Bitcoin: Short near 92000, target 89000
In the cryptocurrency world, mindset is key. Volatility is the norm, perseverance is confidence, principal is the bottom line, and patience is a powerful tool. Don't let K-line fluctuations disturb your mind, don't follow trends impulsively, respect the risks, maintain your rhythm, and after enduring the lows, you will eventually see an upward trend. Long-term certainty reveals the glow of compound interest. Don't let market fluctuations disrupt your rhythm, and don't let short-term ups and downs sway your judgment. In the evening, the market first experienced a significant decline, with Bitcoin dipping to a low of 87688, then rebounding to a peak of 91722. Meanwhile, Ethereum reached 2903, and then the market suddenly surged, with Bitcoin hitting a high of 3150.
From a four-hour perspective, Bitcoin quickly rebounded after dipping to 87688, forming a clear reversal structure with a lower shadow. It then recorded two consecutive bullish candles, stabilizing the price between the middle and lower bands of the Bollinger Bands, indicating a slight recovery in bullish sentiment. Although the moving averages are still in a suppressive state, the short-term rapid increase suggests strong support below, and bearish strength lacks continuity. On the hourly level, the price formed a standard rapid volume engulfing bullish candle, directly swallowing the previous large bearish candle, indicating a short-term shift from bearish to bullish momentum. Although the price entered a consolidation phase around 91200, the overall structure still leans towards recovery and accumulation.
Trading Recommendations: Bitcoin: Around 91500, targeting 88000.