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A true trader will not regret missing a trade once, nor will they collapse because of a stop loss.
The market is always there, opportunities are always available, only those with out-of-control emotions will make the worst decisions at the most critical moments.
Maintain reverence, stay patient, this is the greatest charm of trading.
Yesterday, Bitcoin oscillated and consolidated around 77,100, then in the evening launched a rally, reaching a high of about 77,384.
After midnight, the bullish and bearish opinions intensified, and the price hovered around 76,800, then broke down, once dropping to a low of 76,107.
This morning, after the Asian session opened, the price began to recover from the lows and is currently around 76,800.
The current Bollinger Bands have clearly narrowed, with the upper band at 77,060, the middle band at 76,844, and the lower band at 76,628.
The price is pressing against the middle band and consolidating sideways.
This pattern often indicates that a directional breakout is imminent, with both bulls and bears waiting for a trigger point.
Based on structural analysis, I lean toward an upward direction.
In terms of operation, watch whether there is a pullback support around 76,500, and consider a small long position.
Trading suggestions:
Bitcoin: Go long around 76,500, target 77,500, and after breaking through, look at 78,500.
Ethereum: Go long around 2,080, with a target of 2,150.