The ups and downs in the crypto world are never the end point, but rather a test of patience and understanding. Volatility is the norm, panic is a trap, and long-termism is the confidence to weather bull and bear markets. Don’t get carried away by short-term K-lines, don’t be swayed by market sentiment—maintain your rhythm, deepen your understanding, and the strength accumulated during downturns will eventually shine at cyclical turning points. Only those who withstand the turbulence can seize long-term dividends. Tonight’s market continued to rise driven by news, with BTC climbing to 94,555 before facing resistance, then entering a period of downward consolidation; ETH moved in sync with BTC, surging to 3,397 before also pulling back.

From the current market perspective, the daily chart has seen consecutive bullish candles. Prices are moving along the upper band of the Bollinger Bands, and trading volume is increasing, indicating active bullish sentiment and sufficient upward momentum. In terms of overall trend, the short-term upward channel remains intact, and the probability of continued rise is high. On the one-hour chart, after a series of rallies, the market is now entering a brief correction and consolidation phase. The Bollinger Bands are still widening, suggesting further room for upside and no obvious signals of resistance in the short term. However, note that the KDJ indicator has entered the overbought zone, indicating a technical need for a pullback. In terms of strategy, it is recommended to follow the trend, wait for the price to pull back to key support levels before considering long positions, and be sure to set stop-loss orders.

Follow Official Account: Changsheng Looks at Trends

Trading Suggestions:
BTC: Long near 92,000, target 96,000

ETH: Long near 3,250, target 3,500

$BTC $ETH