Monday's market initially surged then pulled back, with Bitcoin rising to 82,460 before retreating to around 80,470. The white market mostly maintained a small range of oscillation. Approaching midnight, the market regained strength, pushing up to around 81,880. Overall, Monday's short-term trading plan was relatively successful; overnight, it followed the trend at 80,900, and early gains smoothly captured 1,200 points. After a rise and fall, it pulled back, then entered a short position at 81,400, again gaining over 700 points. In the afternoon, the market slightly rebounded then retreated for adjustment, re-entering at 80,700, and in the evening, rebounded to gain 600 points. Later in the evening, it retested and stabilized, continuing the downward trend at 80,800, with the market strongly rallying as expected, again gaining 1,000 points, totaling nearly 3,600 points for the day. Overall, the rhythm was quite manageable; the market is easy to trade this way. When unsure of the direction, repeatedly missing opportunities, it’s better to follow Lao Hu’s steps than to explore blindly alone.



The daily chart shows three consecutive days of rebound, with yesterday's short-term consolidation followed by today’s further attempt at a secondary high. After a volume breakout, today faced resistance, slightly weaker than our expectations. The daily chart is back in a high-range tug-of-war, unable to form a one-sided trend. Of course, this tug-of-war is also a buildup for a potential breakout. From a pattern perspective, further upward movement is still promising; after all, a lack of sustained weakness usually indicates a strong rebound. The 4-hour chart is in a contraction and consolidation phase, testing the upper band resistance, then facing pressure and oscillating, retreating near the middle band before rising again. The space has not yet been fully developed, oscillating between the upper and middle bands, still competing in the short term. Currently, it remains a correction signal; once correction is complete, we expect a breakout in the market.

Trading suggestions:
Bitcoin around 81,500–81,000, targeting 83,000–84,000.
Ether around 2,320–2,300, targeting 2,380–2,400.
BTC-0.06%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin