8.4 Lunchtime Trading Strategy

The road to success is not crowded, because there are not many who can persevere to the end. When you want to give up, please tell yourself to hold on a little longer, because often it is this little bit of persistence that brings you one step closer to your dreams.

From the current market perspective, the daily-level pullback of Bitcoin and Ethereum has shown signs of wrapping up. The short-term low has gradually solidified after being confirmed through several days of fluctuations, leading the market to initiate a healthy bullish rebound pattern. On the four-hour chart, the price shows a positive trend of consecutive bullish candles, not only successfully reaching the middle band of the Bollinger Bands but also effectively stabilizing. This signal indicates that the market has completed a small cycle breakthrough, with short-term bullish momentum continuing to be released, and the strong characteristics of the trend are becoming increasingly evident. However, it has not yet entered an extremely strong unilateral state, and there is still some room for tug-of-war between bulls and bears.
The current market has stabilized and rebounded, forming a clear reversal signal, with support gradually emerging. If today’s rebound can break through the previous decline levels, the bullish space will further open up, and a strong trend is expected to continue; conversely, the market may turn into a strong oscillation pattern, showing an "advance two, retreat one" type of upward characteristic, accompanied by slight adjustments. Overall, the market is in the early stages of a rebound, with bullish momentum gradually accumulating, but attention should be paid to the breakthrough of key levels to confirm the continuity of the trend. It is recommended to establish low bullish positions during the day!

trading strategy
Buy at 113800-114300, target 115500
Breakout at 116000
#BTC