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Currently, the market momentum is very weak, remaining within a narrow range of oscillation. The characteristic of the current market is that it rises sharply and then falls back, tests lows, and recovers. Whether it is a strong upward surge or a weak decline, it is difficult to break out of a dominant unilateral trend. The price movement in the entire market is characterized by a small fluctuation space. Although the current upward pace is relatively slow, there is still room for movement. In the morning, the strategy is to look for rebounds during the low-position consolidation phase. If the rebound upward encounters significant resistance and pressure, then follow the trend with short-term bearish positions. If the decline cannot be effectively extended, focus on rebounds during the low-position consolidation phase. Currently, the market is near the lower band of the four-hour Bollinger Bands, with temporary support. The primary focus moving forward is on the support at the four-hour level. From a short-term perspective, although there is some downward adjustment, we still regard it as a correction and it does not affect the overall upward trend at the daily level. On the hourly chart, the decline has halted, and a rebound phase has begun. The market is entering a period of small fluctuations, and the subsequent approach should be to buy on dips with a bullish outlook. Luck certainly plays a role, but only precise real-time control can grasp the overall situation. With eight years in the crypto sea, experiencing ups and downs, I am willing to advance and retreat with you.
Bitcoin: 76400-76200, buy, target focus 77800
Ethereum: 2255-2235, buy, target focus 2400