The more heated the speculation, the more sluggish it becomes. Today’s market has entered a highly bearish phase, with the entire day showing range-bound fluctuations. After the midnight bottoming out, the market rebounded, with Bitcoin reaching up to around 77,384, and Ethereum rising to about 2,146. During the white trading session, it mainly consolidated with small fluctuations, and after a slight pullback in the evening, it faced clear resistance and rebounded again. During the session, the previous long positions in Bitcoin were held at 76,401 after an early adjustment, and Ethereum long positions at 2,106 are still held. For those following the same strategy, the outlook remains unchanged on the wave, and patience is advised.

Currently, bullish sentiment is steadily increasing with volume, and the upward potential is once again strengthening. On the four-hour chart, the market rebounded after touching the lower band of the Bollinger Bands, with the lower band support being undeniably strong. The MACD double-line golden cross continues to expand, further strengthening the market’s bullish sentiment. On the hourly chart, the market broke through the middle band with three consecutive strong bullish candles from the lower band, with steady volume increase. Considering today’s clear bottoming out and stabilization, the bearish side is severely damaged, and market bullish sentiment is high. The long positions should continue to be maintained.

Buy near 76,500 for Bitcoin, target 78,000
Buy near 2,110 for Ethereum, target 2,180
#TradFi交易分享挑战 $BTC ‌$ETH ‌