Market mentality is the key foundation for successful trading. Do not become overly excited or悲伤 due to short-term gains or losses; focus on the long-term perspective.


It's like viewing a magnificent painting; you shouldn't just focus on a small flaw in one corner but see the grandeur of the entire artwork.
Bitcoin experienced a short-term pullback last night and early this morning, with the downward movement stopping at the 78,713 level, indicating that the support below is gradually gaining strength, preventing further decline.
In the early morning, Bitcoin was in a slow bullish rebound, but overall momentum was weak.
At several key points yesterday, signals indicated to first short and then go long: short at 80,527, which directly reached 78,944 overnight, capturing 1,583 points.
Ethereum followed Bitcoin, short at 2,305, which directly hit 2,240, capturing 65 points.
Subsequently, a low buy-in was made at 78,820, and during the early morning surge, it reached 79,754, capturing 934 points.
Most of these moves have been validated.
Currently, breaking new highs still requires time for correction, but the bullish breakout remains the main outlook.

From the daily chart perspective, the larger timeframe continues to be bullish, as multiple dips have not broken below the midline of the daily chart.
Similarly, the weekly chart remains above the midline, maintaining a bullish trend.
On the four-hour chart, after sideways consolidation, the market showed continuous retracement.
After breaking below the lower band, it quickly recovered and is now above the lower band.
The moving averages are diverging upward, indicating a bullish trend.
The current price is consolidating around 79,200, with no obvious signs of decline.
In the short term, the bullish trend dominates, and all technical indicators point to a bullish outlook.
Watch the support at 78,500; if it holds without further decline, consider going long.
In trading, follow the trend and participate in low-buying opportunities!

On Thursday midday, focus on a short-term long position between 79,000 and 78,800 for Bitcoin, targeting 81,500.
For Ethereum, look for a long entry between 2,220 and 2,200, with a target above 2,350.
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