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Market fluctuations are never meant to induce anxiety but are used to correct the rhythm.
Every pullback is a "calm period" given by the market; rather than chasing gains and selling losses to consume principal, it's better to see the direction clearly amid volatility, wait for the wind to come, and also wait for your own rhythm to return.
In the early morning, it oscillated upward near the 80k level, reaching a high of 80,771, breaking above the upper Bollinger Band, accompanied by increased trading volume, with market sentiment leaning bullish.
After encountering resistance at the 80,700 level in the early session, the price quickly retreated, breaking below the middle Bollinger Band, with a low of 78,128, then rebounded slightly to around 79,800 and oscillated.
Ethereum's movement completely follows Bitcoin, with slightly smaller fluctuations than Bitcoin, generally staying above 2,300, rising along with Bitcoin from around 2,350 to 2,399.
Currently, Bitcoin faces resistance at 80k and pulls back, while Ethereum weakens in tandem, with short-term bullish momentum diminishing and bearish forces dominating the market.
The current trend is a normal retracement after a surge, not a trend reversal; key support levels have not been effectively broken, and the bullish trend remains intact.
During the pullback, trading volume continues to shrink, indicating that bearish momentum is waning, selling pressure is insufficient, and the rebound momentum is accumulating.
Ethereum's catch-up rally often coincides with Bitcoin's initiation, making long positions more cost-effective and relatively safer.
Bitcoin: Bullish at 79,300, target: 81,000, stop-loss: 78,100
Ethereum: Bullish at 2,310, target: 2,430, stop-loss: 2,300