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The most valuable thing in trading has never been predicting the market trend, but rather maintaining the rhythm when others are panicking and staying firm when others are hesitant. If you have endured the darkness of midnight, you should be ready to receive the gift of dawn. The market will never disappoint every calm and persistent trader; this rebound is a reward for all those who stay steadfast.
The panic sell-off at 75,635 in the early morning was indeed what we called the golden pit! In the afternoon, Bitcoin steadily stayed above 77,500+, and Ethereum rebounded to 2,329, perfectly matching our midday prediction of stabilization! The lower Bollinger Band support precisely held the price, the KDJ golden cross climbed higher, the MACD green bars directly turned red, and the bearish momentum has completely exhausted. The bulls’ counterattack has already begun!
The 4-hour dawn reversal pattern confirmed its validity, with consecutive bullish candles directly breaking the downtrend channel. Long positions around 76,700 are now safely in profit. The market gave no chance to the hesitant; after the bottom-fishing funds entered, the price has been rising steadily with oscillations, from 75,635 to the intraday high of 77,873, each step validating our judgment.
Next, Bitcoin aims to challenge the 78,500 target, while Ethereum continues to look at the 2,440 recovery space. The trend has already reversed. The only thing left is to hold onto your long positions, let profits follow the rhythm, and don’t let oscillations wash away the gains you should have secured!