The ups and downs in the crypto world are the norm; true competition is never in the fluctuations of the candlestick chart, but in the steadfastness of people’s hearts. Don’t be greedy for short-term surges, don’t fear short-term volatility. Use idle principal to maintain your bottom line, set stop-losses with discipline to protect your confidence, wait patiently for the trend, and control your desires rationally. The bull and bear cycles are both a test and a filter. If you can endure the quiet lows and withstand the frenzy of the market, hold firm to your knowledge and self-discipline, then every step you take through the cycles will eventually lead you to your own dawn. The market never lacks opportunities; what it lacks are people who can keep their composure and survive until opportunity arrives. Move slowly and steadily, and you will go far.
Intraday market movements were relatively slow; in the evening, prices were boosted by the US stock market opening. Bitcoin surged to the 94,000 level, while Ethereum rebounded simultaneously, reaching a high of 3,380. In today's live trading layout, Bitcoin captured a space of over 1,596 points! Ethereum also captured over 67 points!
On the four-hour chart, after stabilizing above the middle Bollinger Band, the price strongly rose to the upper band area with two consecutive bullish candles, fully releasing bullish momentum and successfully breaking through the previous consolidation range. Although short-term upward momentum has slowed, the overall rebound trend remains unchanged. On the one-hour chart, two solid bullish candles have built a strong upward base by trading time for space. Currently, the price is consolidating at high levels. All technical indicators have formed golden crosses and are turning upward, indicating further upward potential in the market, although there is still some resistance at current highs. For evening operations, it is recommended to continue buying on dips, and be sure to set stop-loss protection when entering the market.
Follow the public account: Changsheng Looks at Trends
Trading suggestions: Bitcoin: Buy around 93,000, target 96,000
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The ups and downs in the crypto world are the norm; true competition is never in the fluctuations of the candlestick chart, but in the steadfastness of people’s hearts. Don’t be greedy for short-term surges, don’t fear short-term volatility. Use idle principal to maintain your bottom line, set stop-losses with discipline to protect your confidence, wait patiently for the trend, and control your desires rationally. The bull and bear cycles are both a test and a filter. If you can endure the quiet lows and withstand the frenzy of the market, hold firm to your knowledge and self-discipline, then every step you take through the cycles will eventually lead you to your own dawn. The market never lacks opportunities; what it lacks are people who can keep their composure and survive until opportunity arrives. Move slowly and steadily, and you will go far.
Intraday market movements were relatively slow; in the evening, prices were boosted by the US stock market opening. Bitcoin surged to the 94,000 level, while Ethereum rebounded simultaneously, reaching a high of 3,380. In today's live trading layout, Bitcoin captured a space of over 1,596 points! Ethereum also captured over 67 points!
On the four-hour chart, after stabilizing above the middle Bollinger Band, the price strongly rose to the upper band area with two consecutive bullish candles, fully releasing bullish momentum and successfully breaking through the previous consolidation range. Although short-term upward momentum has slowed, the overall rebound trend remains unchanged. On the one-hour chart, two solid bullish candles have built a strong upward base by trading time for space. Currently, the price is consolidating at high levels. All technical indicators have formed golden crosses and are turning upward, indicating further upward potential in the market, although there is still some resistance at current highs. For evening operations, it is recommended to continue buying on dips, and be sure to set stop-loss protection when entering the market.
Follow the public account: Changsheng Looks at Trends
Trading suggestions:
Bitcoin: Buy around 93,000, target 96,000
Ethereum: Buy around 3,300, target 3,600
$BTC $ETH