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Profit depends on vision, survival depends on risk control. Making money is just ability; protecting your money is true skill. Boldly deploying is never better than cautious defense. High returns always come with high risks. Never hold all in; don't overextend your life to invest. The premise of investing is to preserve the principal, live steadily, have surplus and hope, and stay calm without rushing.
Bitcoin has surged strongly from 78,514 early this morning to 79,428. The current market is in a clear upward trend, with the price rising along the middle band of the Bollinger Bands. The bullish trend is very clear. Ethereum is moving in sync with Bitcoin but with a weaker increase, currently at 2,336, in a recent high zone.
Currently, Bitcoin's 4-hour cycle shows a clear bullish trend, with the price stabilizing above the middle Bollinger Band at 78,044, now near the upper band, with a daily high touching 79,428. The bullish momentum is strong.
The KDJ indicator's three lines are rising together without overbought signals, and the MACD red bars are continuously enlarging, indicating increasing upward momentum without weakening. A short-term pullback is a good opportunity for low buying. Ethereum is moving in sync with Bitcoin's rhythm, following the same upward trend, with clear linkage in the bullish move. Support levels are good for buying low, aiming for the previous high! The trend is not bad; buy low in line with the trend, avoid chasing highs, and don't miss out.
Bitcoin: 78,200 bullish Target: 79,500
Ethereum: 2,280 bullish Target: 2,400