Don't envy others for overnight gains; behind it are risk control and self-discipline. The most valuable aspects in the crypto world are not the points but mindset and execution. Stay true to your original intention and gradually grow rich.


This morning, Bitcoin experienced a smooth unilateral upward trend, starting from a low point around 79,700, gradually stabilizing and rebounding. The bulls continued to exert strength, pushing the price up to an intraday high of 81,278. Then, it slightly oscillated and declined at the high level, with the current price around 80,800. The overall trend is relatively strong, but the bullish momentum has slowed after the surge, entering a short-term consolidation phase.
The four-hour timeframe is generally bullish. The price has already broken above the upper band at 80,850, and the middle band has quickly moved up from 80,150 to 79,070, indicating that the average holding cost on the four-hour level is rising, and the bulls are firmly in control. As long as the middle band at 79,000 is not broken, the pullback is a normal correction within the bullish structure. Resistance first targets the previous high at 81,278; if broken, then look at 82,000. The only thing to watch out for is that the trading volume hasn't significantly increased, so be cautious about chasing highs. It’s better to wait for a pullback to around 80,500-80,000 before considering adding positions comfortably.
Buy on dips near 80,000-80,300 with a target of 81,800.
Go long near 2,340 with a target of around 2,400, just to break through the key level.
$BTC $ETH
BTC0.93%
ETH0.11%
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