After yesterday's volatile movement, there was a pullback in the morning, starting from the highest point of 77,887 and forming a long upper shadow, then retracing to a low of 76,532 and also forming a long lower shadow. This pattern is the same as what Ning mentioned during yesterday's live broadcast; the market is likely to continue in a sideways consolidation. However, sideways movement won't always stay narrow; widening the range is foreseeable. Yesterday, I also pointed out that news developments are coming, and patience is needed to wait for the news to materialize. Until there is confirmed and clear signing, all news is just smoke and mirrors!

From the current chart perspective, on the four-hour timeframe, after the morning pullback touched the middle band and found support below, it quickly rebounded and formed a lower shadow. This shows the effectiveness of the middle band support. As long as the middle band is not broken, it’s not difficult to see the market returning to the upper band. Looking at the hourly level, with all three bands opening up simultaneously, the price volatility gradually becomes apparent. However, after the overall price finds support below and stabilizes, it consolidates sideways. Since it cannot exert greater pressure on the support below, our subsequent strategy is clear: mainly low-buying, operating according to the core logic of buying low and selling high!

BTC: Buy near 76,500, target 78,000

ETH: Buy near 2,080, target 2,200