Evening Thoughts


The market never pities obsession, and the trend never accommodates emotions

Intraday, the market once again surged to support 79962, with the 80,000 level still a significant resistance. It then started to pull back after the surge, now oscillating around 79400. Focus on whether the 79000 level stabilizes; if it does not form a stable support, then go against the trend.

From the daily chart perspective, the trend is still in a consolidation phase after a bullish trend. This correction is still a typical "time for space" adjustment. This repeated oscillation and correction can actually make the bottom structure more solid, laying a perfect foundation for the subsequent bullish momentum.

Our trading approach remains to buy on dips.

Evening Trading
Bitcoin: between 79,000 and 78,500, target around 80,000

Ethereum: around 2,250, target around 2,300
BTC0.75%
ETH-0.6%
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