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Reviewing the intraday market, Bitcoin has been fluctuating and consolidating between 78,000 and 80k. In the evening, the bulls suddenly gained momentum, breaking through the 80,000 level and aiming for around 81,500. Ethereum is synchronized with Bitcoin; during the midday rebound to around 2,270, it faced resistance, then retreated to support near 2,240, and now surged to around 2,310 with weak oscillation. During the day, Lao Yang’s strategy of shorting at high points also yielded full rewards, with two trades gaining over a thousand points each. You cannot control the K-line, but you can control position size, stop-loss, and emotions. Those who can control themselves are the ones who can stay in the market long-term. Living longer is more important than earning more!
From the four-hour timeframe, Bollinger Bands first contracted and then slightly opened, with the price also stabilizing above the middle band near 80,500, dominated by the bulls, with the upper band at 82,800 under clear pressure. The larger trend remains bullish, short-term oscillations are slightly bullish, and the medium-term trend is upward, healthy overall. Focus on whether the upper band can be broken through. Ethereum is fully linked with Bitcoin; technically weak but the lower band support has not been broken.
At midnight, buy long on Bitcoin at 81,300-80,800, targeting around 83,000.
At midnight, buy long on Ethereum at 2,280-2,250, targeting around 2,380.