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The most valuable thing in trading is remaining calm against the trend and being firm with the trend.
Today's slight pullback is just a small bump on the road to higher prices.
After the storm comes the sunshine; the dip and shakeout are only to prepare for a higher surge.
Bitcoin's bullish pattern remains unchanged; the current low levels are opportunities.
Daring to deploy during panic allows for full gains during the rise.
Stay confident in long positions; sunshine always follows a correction.
Today, Bitcoin has been oscillating downward from 81,704 since early morning, retracing to 80,828 at noon, then rising to 81,708 before quickly dropping under pressure to a low of 80,572, then bouncing back.
Ethereum, following Bitcoin, oscillated from 23:57 since early morning down to a low of 23:11, showing weaker momentum than Bitcoin.
Currently, the Bollinger Bands are pulling back to the middle band around 80,950, with the middle band support effective.
The lower band at 79,358 is a strong defense zone, and the upper band at 82,543 is the short-term first resistance.
The downward momentum is gradually weakening, about to see a corrective rebound.
The bearish momentum is volume-decreasing, with green bars continuously compressing, indicating the bears are nearing exhaustion.
A slight net outflow of funds is normal after an upward move, not a trend reversal.
The overall bullish trend remains intact: this rally from 77,000 to 82,828 has a complete upward structure.
This correction is just a preparatory shakeout during the rise.
The price has stabilized at the Bollinger middle band without breaking below the medium-term bullish support line.
Support below is solid, and the KDJ indicator has entered the oversold zone with a clear upward turn signal.
The MACD bearish momentum is nearing its end, ready for a golden cross rebound at any time.
Bitcoin: around 80,500 long position; target: 82,400
Ethereum: around 2,300 long position; target: 2,450