The ups and downs of the crypto market are never a verdict of fate, but a test of perception and composure. Within the alternating red and green of the K-lines lie human greed and fear, as well as the faint glimmer of long-termism. Looking back at this morning, BTC rebounded from the 92628 low to the 94040 high, followed by a partial pullback. ETH followed BTC’s pace, rebounding to around 3239, then retracing and consolidating around 3210. The morning’s strategy of going long on BTC around 92500-92000 was an accurate prediction of the market trend.

After a brief pullback, BTC rebounded again, and the daily candle showed a clear long upper and lower shadow, indicating that the battle between bulls and bears has reached a fever pitch. The current trend shows that the bulls still have the upper hand, with every price retracement quickly recovered, maintaining a strong position above the middle band of the Bollinger Bands. For the afternoon, it’s recommended to continue focusing on long positions during pullbacks; stabilizing at key support zones remains a good entry opportunity. Please manage your position sizes reasonably and set stop-losses strictly.

Follow the official account: Changsheng Looks at Trends

Trading suggestions:
BTC: Go long around 93000, target 96000

ETH: Go long around 3150, target 3400

$BTC $ETH