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The plan is the confidence in the future, and compound interest is the gift of time.
No rush, gradually get richer; slow is fast, stability is winning. Risks are controllable, returns are expected, and people's hearts are not greedy.
Yesterday's Bitcoin market continued the previous bullish rebound sentiment, fluctuating upward all the way, breaking through the range strongly, with the highest reaching 79,455. After touching the strong resistance at 79,455, the price sharply pulled back to a low of 76,400. The overall trend shifted from strong to weak, entering a short-term correction.
Ethereum and Bitcoin surged strongly to new highs, with Ethereum following the bullish rally, fluctuating upward all the way. After reaching a high of 2,403 from 2,338 early this morning, it declined to 2,263. The overall elasticity is stronger than Bitcoin, with a sharper increase, and short-term bullish sentiment is fully charged.
Bitcoin yesterday surged high and deeply retraced to shake out weak hands, panic sentiment was released in full, oversold zones triggered technical repairs; bears fully exhausted, low-level funds continued to enter, large-scale support remains solid, today mainly looking for oversold rebounds and low-level reversals, seizing the opportunity for bullish counterattack!
The 4-hour KDJ indicator J value is deeply oversold, with a strong expectation of a golden cross, and the rebound repair demand is at its peak. After a volume-driven crash, the bearish momentum is completely exhausted, the downward space is extremely limited, funds are slightly flowing back at low levels, large sell-off forces are diminishing, and bulls can trigger a rebound at any time.
The main trend remains upward, and this correction is just a deep shakeout during the rise.
Bitcoin: 76,800 bullish, target: 78,500
Ethereum: 2,250 bullish, target: 2,400