Looking back at today’s intraday market action, in the morning BTC briefly surged to the 64,425 area at a high point, then faced selling pressure and moved downward. In the evening, the low touched around 62,100. ETH moved in line with BTC, and overall it traded sideways within the 1,850-1,760 range. During the day, I (Lao Yang) reminded multiple times that it was worthwhile to wait for pullbacks to buy the dip, and I believe those who followed my thinking also gained quite a bit. My three DODAN trades during the day captured a total of 1,524 points’ worth of space in BTC, with 68 points’ worth in ETH. The market has no endless one-way rise, and it also has no endless drop. Every needle-like spike and shakeout, every round of consolidation and grind, is filtering for traders who can settle down and trade. In the long run, stable returns through consistent execution are far more reliable than overnight get-rich-quick fantasies.

From the current chart perspective, on the BTC daily timeframe: after a period of consecutive sideways-to-upward consolidation, it recently printed a bearish candle with a pullback from the highs. However, the body clearly shows it has not decisively broken through the key support level on increased volume. At this stage, it’s still a corrective pullback within an uptrend. Overall, the current swing low remains higher than the prior consolidation lows, and the medium-term sideways bias remains bullish and has not been broken. On the 4-hour timeframe: the Bollinger Bands are tightening with the bands narrowing, and the lower band around 62,000 has strong buy support. The MACD’s two lines form a death cross, while the green histogram continues to expand slightly, but the downside momentum is gradually being consumed. The medium- to long-term moving averages still point upward, so the trading approach remains mainly centered on buying the dip for positioning.

Go long BTC in the 62,000-61,500 range at midnight, target around 64,000.
Go long ETH in the 1,750-1,720 range at midnight, target around 1,850. #GateUS合规扩展佛罗里达 $BTC ‌$ETH ‌