Who isn't enduring floating losses, just waiting for the dawn of the main upward wave. The most valuable thing in the crypto world is not overnight wealth, but the courage to remain firmly bullish during pullbacks.


Today, Bitcoin (大饼) exhibited a "sharp rise followed by a pullback" typical bullish shakeout pattern, initially supported by the middle band of the Bollinger Bands, strongly rallying to a new high around 80,590, then facing resistance at high levels and pulling back. Currently, the price has fallen back to around 78,864, still operating above the middle Bollinger Band, and the upward trend has not been broken.
Ethereum, as a strongly correlated asset with Bitcoin, showed a highly synchronized movement today. During Bitcoin's surge, Ethereum followed the upward push; during Bitcoin's high-level correction, Ethereum also experienced a technical pullback. Overall, the pattern remains "Bitcoin leading, Ethereum following" in a bullish rhythm, with no signs of independent weakness, maintaining healthy correlation.

The Bollinger Bands are still opening upward, with the middle band at 78,471 continuing to rise. The price remains above the middle band at 78,864, indicating the support structure of the bullish trend is intact. The pullback is a normal technical correction, not a trend reversal. The upper Bollinger Band at 79,768 and the lower at 77,174 form a strong support zone.
Although bullish momentum has slightly weakened, there are no signs of increased selling volume, and the overall remains in a bullish dominant phase. The three lines of the KDJ indicator have pulled back from high levels but have not entered the oversold zone, and the J line shows signs of turning upward, indicating short-term correction momentum is exhausted, likely entering a rebound and recovery phase.

Bitcoin: 78,200 bullish Target: 80,000
Ethereum: 2,300 bullish Target: 2,400
BTC1.47%
ETH0.92%
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