#我的Gate交易时刻 Bitcoin surged to around 66,419 early in the morning, then gradually pulled back throughout the night. The lowest retracement was to around 63,881. Currently, Bitcoin is consolidating around 64,000. Last night, we entered a long position at around 64,700, which was a well-timed entry, allowing us to take profits quickly and gain nearly 1,500 points. Again this morning, we anticipated the market's pullback and secured another 1,500 points. From last night until now, Bitcoin has gained a total of 3,000 points, and Ethereum has gained 100 points. The current market still needs to consolidate; overall, it is in a bottom support accumulation phase. It remains within the range, and positioning is key—whether long or short, timing the entry is the most important.

Looking at the weekly K-line, in the short term, Bitcoin is stabilizing and recovering. After the recent sharp decline, the overall trend is gradually moving upward and recovering slowly. Therefore, an upward continuation is expected. From the four-hour structure chart, the Bollinger Bands are trending upward, and the K-line is running along the middle band, testing both up and down. Given the short-term bullish pattern, the market remains volatile. The Bollinger Bands are beginning to tighten, and the K-line is consolidating for a pullback and preparation. However, the continuation space remains uncertain, with possible oscillations and back-and-forth movements, like a tug-of-war. Although the current market is still in a consolidation phase, the overall trend favors the bulls. The green energy bars are shrinking, indicating a potential slowdown in the decline. Today’s strategy should focus on low-buying around the support levels.

On Thursday morning, Bitcoin should be bought around 64,000-63,500, aiming for 66,000. Ethereum should be bought around 1,720-1,700, aiming for 1,850. $BTC