Wednesday Afternoon Thoughts:

Every seed that has survived through the winter harbors a dream of spring. No matter how difficult things may be now, as long as one perseveres, their own spring will eventually arrive. After staying up all night, I had breakfast in the morning, wrote a post, and took a nap before getting up. Now I want to share with everyone the results of last night's layout. Looking back at the midnight market, Bitcoin made a strong surge to the 116,000 line for a short time in the evening, but the momentum completely released, indicating a weakening trend. The funding took the opportunity to enter strongly, resulting in a waterfall drop. It stopped falling at the morning line of 112,100, with an overall stretch of nearly 4,000 points. Ethereum mirrored Bitcoin's market situation, with an evening decline of nearly 250 points, fully demonstrating the strength of the funding trend. Yesterday, I maintained a short-selling strategy during the rebound, and Bitcoin once again gained over 3,158 points, while the second Bitcoin captured a space of 205 points. All of Lao Chen's strategies have been given in advance and can be traced. The recent market has been good; if you have no strategy or direction, you can follow Lao Chen.
From the perspective of the current market, the 4-hour level shows that the current price is below the middle track, within the range between the lower and middle bands of the Bollinger Bands. The distance between the upper and lower bands is narrowing, indicating a slight convergence in the Bollinger Bands. Currently, short-term volatility is weakening, and the price has stopped moving downward after approaching previous lows. The support at 112000 has certain resilience, indicating that we are in a phase of consolidation and accumulation for a rebound. There is competition between bulls and bears, with the bullish forces being slightly weaker at the moment. The bearish candles dominate, and the bearish forces still lead the short-term trend. However, the long lower shadow has weakened the downward momentum, resulting in limited downside potential. The short-term operational suggestion is to focus on buying during the rebound after touching the bottom, as long as it does not break below 112000. Personally, I still recommend a bullish approach, but actual operations need to flexibly adjust strategies according to changes in the market.
Buy near 112500 to 112000 for the midday pancake, pay attention to 115000.
Buy more around 3990 to 3950, focus on 4100.
#今日你看涨还是看跌？