$ETH 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 chart is rising, and the bulls are firmly in control. As long as the middle band at 79,000 holds, the pullback is a normal correction within the bullish structure. Resistance first targets the previous high at 81,278, and 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. Consider adding positions after a pullback to 80,500-80,000 for a more comfortable entry.
Buy on dips near 80,000-80,300 with a target of 81,800.
Go long around 2340 with a target of 2400, just to break through the key level.
ETH2.48%
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