$BTC The K-line fluctuations in the cryptocurrency market mirror the ups and downs of life. There is no eternal bull market carnival, nor endless bear market gloom. Only by enduring the test of volatility and withstanding extreme one-sided movements can one gradually settle into a rhythm that belongs to oneself in the market.

On Wednesday, the market showed a significant rise and fall during the day, with the coin price reaching a key resistance level of 114000 before being pressured and falling sharply. In the morning, it dipped to around 108000, found support, and entered a phase of consolidation. In the evening, the market broke the consolidation pattern, dipped to a low of 106700, and then rebounded, climbing to around 109100 where it faced resistance again, currently stabilizing in the range of 108200. Ethereum mirrored Bitcoin's trend, reaching a high of 4110 during the day before retreating, dipping to a low of 3770 and entering a consolidation phase, currently stabilizing around 3820. During the day, practical guidance for students involved in trading resulted in a long and short position on Bitcoin that captured a space of 2616 points, while Ethereum's long and short positions captured a space of 166 points.

When the price dipped to the low of 106700, the K-line formed a long lower shadow indicating a stop-loss pattern, while the lower Bollinger Band provided technical support. Additionally, the MACD histogram was narrowing, and the RSI had not entered the oversold range. The interplay of these three indicators confirmed the reversal of bullish and bearish forces at this point, signaling an entry point for short-term bottom-fishing funds. The strategy for early Thursday can focus on long positions.

Long Bitcoin around 108000-107500, target 109500

Long Ethereum around 3800, target 3900#比特币ETF恢复净流入