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$BTC The Kongdan positioned in the early hours has already taken profit and exited, successfully capturing nearly four hundred points of upside space, and once again netting over 9,000 oil! Technical analysis determines the entry level; the “cabin” you choose determines how fast your heart beats; mindset determines the final profit or loss. The cycle of rising and falling never stops—no need to be wildly excited or devastated by a single day’s moves. Follow the big-cycle layout, use multiple cycles to resonate, slow is fast, and only stability goes the distance.
From the current chart perspective, the BTC four-hour timeframe has ended the pattern of days-long low-level sideways consolidation. It has continued to print increasing-bodied bullish candles. This suggests that the selling momentum behind the drop has largely dried up. The low-level long lower-wick candles have all already been converted into upward candles, and the swing trading center of the move has turned into sustained upward continuation. The current rally structure is relatively clear. After the Bollinger Bands tighten and then open upward, the price is holding above the midline. The lower band at 63,000, which marks the bottom of this round of pullback, has been confirmed, and upside room is gradually opening.
Long BTC in the 64,700–64,200 range in the morning, targeting around 66,000
Long ETH in the 1,860–1,830 range in the morning, targeting around 1,950
From the current chart, the BTC four-hour level has already ended the pattern of days-long low-range sideways consolidation. It has continued to print a series of incrementally sized bullish bodies, indicating that the sell-side momentum driving the decline has basically been exhausted. The low-position long lower-wick candles have all been converted into upward candles; the swing-center has turned and is continuing to rise. The current rally structure is relatively clear. After the Bollinger Bands contract, they have opened upward; price is holding above the middle band. The lower band at 63,000—confirmed as the bottom of this round’s pullback—means the upside space is gradually opening up.
Long BTC in the 64,700–64,200 zone this morning, target around 66,000
Long ETH in the 1,860–1,830 zone this morning, target around 1,950