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How to say "live streaming at night" — just look at 81,000 and ask if it's effective.
Although there was some pullback after the US stock market opened, intra-day multiple mentions indicated that the pullback was just a buildup for a subsequent surge.
During the live stream, it was repeatedly emphasized that as long as the pullback stays below 81,000, it's a buying opportunity for us.
Intra-day, Lao Chen repeatedly provided ideas for buying on dips, and the market movement also aligned with expectations.
The short-term long positions on Bitcoin and Ethereum during the evening layout were also precisely taken.
If you're still struggling to determine long or short positions, or unsure about entry timing and worried about exiting,
consider following Lao Chen for one-on-one guidance, planning and positioning based on your current situation,
tracking the market trend in real-time.
Following Lao Chen might just change your current situation with this decision.
From the 4-hour technical analysis perspective, the current market shows a typical slow, stepwise oscillation and consolidation pattern.
The candlestick formations resemble a steady climber, pausing slightly at each key resistance level,
digesting upward pressure through repeated testing and correction.
After breaking through the previous support level, the price did not surge sharply but advanced steadily with 3-4 small bullish candles mixed with bearish candles.
This pattern of gradual rise while consolidating and correcting is building a bottom through time and space,
repeatedly shaking out short-term profit-taking traders, while also waiting for more positive fundamental news.
This type of movement often indicates the potential for a more sustained medium-term rally in the future,
requiring patience and waiting for the market to complete necessary technical corrections before breaking out.
In the early morning, Bitcoin can be bought around 81,700-81,500, with the first target at 83,000.
Ethereum can be bought around 2,320-2,300, with the first target at 2,450.