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Market fluctuations are normal; don’t be greedy during sharp rises, and don’t panic during pullbacks. Staying calm helps you hold onto the trend; impatience will never earn outside-the-pattern gains.
Yesterday, Bitcoin surged strongly to a new high of 82k, opening high in the early morning with a strong push, breaking through the 82,000 psychological barrier, creating a new stage high. It traded sideways in the morning, with selling pressure concentrated above 82,000, and the bulls actively retreated to digest it. In the afternoon, it retested the strong support at 80,200–80,500, closing oscillating near 81,000.
Ethereum opened high at 2,370–2,380, faced resistance and pulled back, weaker than Bitcoin. It traded passively in a narrow range of 2,310–2,360 throughout the day, moving in tandem with Bitcoin.
Today, it is highly likely to trade sideways in the 81,200–82,000 range, shaking out short-term indicators. If volume supports, it may attempt to hit the previous high of 82,300 again. If it unexpectedly breaks below the 80,800 support, it will retest around 80,300 to gather strength. The pullback remains a low-entry opportunity, with prices steadily above the Bollinger middle band at 80,898. The overall upward channel is fully open, with strong resistance above at 82,073, near the previous high of 82,300. The support below is solid, and the pullback is for gathering strength, not a trend reversal.
Bitcoin: Long near 81,200 Target: 83,000
Ethereum: Long near 2,300 Target: 2,430