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Yesterday, Old Yang publicly shared his multi-Dan Si strategy in advance, and the market sentiment also perfectly played out as expected, with the overall trend fully aligning with the forecast. In the early morning, a fellow trader followed the rhythm, and a wave of market sentiment took off directly, successfully gaining 1293 points of space! In the early morning, Bitcoin dipped to around 76,000 support level, then steadily rose all the way, forming a one-sided market sentiment, with the highest reaching near 77,450, now consolidating around 77,100. Ethereum moved in sync with Bitcoin, rebounding from around 2060 to near 2110. Actually, the biggest fear in trading often corresponds to the best buying point. Are you choosing to panic and exit, or quietly follow the trend and steadily position yourself when no one is paying attention?
Currently, the market is in a high-level correction and consolidation phase after a rebound, with fierce battles between bulls and bears. In the past seven days, Bitcoin has been trading within a narrow range, with balanced upper and lower shadows, no clear breakout or breakdown signals, a typical accumulation pattern. On the four-hour chart, Bollinger Bands are narrowing, with the price oscillating near the middle band, with continuous small positive candles, indicating a slight bullish advantage in the short term, but with dense resistance above, limiting the rebound space. Therefore, the trading strategy mainly adopts high sell and low buy to position.
At noon, buy Bitcoin around 76,800-76,300, targeting near 75,500.
At noon, buy Ethereum around 2,080-2,050, targeting near 2,000.