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Chasing high and regretting entering, cutting low and regretting leaving, holding positions and regretting holding on to death, being out of the market and regretting missing out. In this life, people are always living between past regrets and future anxieties. But the red dust has no way back, and there is no regret medicine in this world. All past events are predestined, all regrets are cultivation. Friends, have you ever regretted? Keep going!
Yesterday, Bitcoin was generally in a state of oscillating upward. In the evening, Bitcoin rebounded from a low of around 79,230, oscillating upward, and during the night until this morning, it experienced a clear surge, reaching a high of 82,048. Then, it showed high-level oscillation and fell back. Currently, it is operating around 81,300-81,500, with Ethereum also moving in sync with Bitcoin’s rise and subsequent pullback. It is now in a stage of high-level oscillation digestion. The short-term battle between bulls and bears is quite intense, but structurally, it still maintains a oscillating and slightly strong pattern.
Four-hour level: After experiencing yesterday’s surge and fall plus a low point retest, the lows are gradually rising, repeatedly forming support in the 80,900-81,200 range, showing a certain bottoming rebound trend. The current price is near the middle-upper band, with bulls and bears still fighting, but the retracement strength has weakened compared to the previous two days. The overall trend continues to have a high probability of oscillating upward. Up and down are normal market phenomena; there is no need to over-interpret daily fluctuations. A clear trend change requires structural disruption. Currently, limited retracements are still within controllable range, mainly preparing for subsequent strength buildup and a push higher.
In the medium term, it is still viewed as oscillating and slightly bullish. As long as the core support zone of 80,900-81,000 is maintained, there is still a possibility of testing higher levels around 82,000-82,500 in the short term. The volatility coefficient is high, so defensive awareness must be maintained. But before the trend clearly weakens, retracements are opportunities for low buying, not for chasing shorts.
Trading suggestions:
Bitcoin
Short-term idea: Focus on buying on retracements.
Today’s operation points:
Around 80,900-81,200, you can buy in batches directly, with good stop-profit points (above 81,800). Short-term targets focus on 81,800-82,100. After breaking through, continue to look at 82,300-82,500.
Ethereum short-term idea: Follow Bitcoin’s movement, mainly buy on retracements.
Today’s operation points:
Around 2,260-2,280, buy in batches, with targets of 2,320-2,340. After breaking through, focus on 2,360-2,400.