How many people fall victim to market fluctuations? They get euphoric and increase positions with small rises, panic and stop losses with small dips. Clearly, the trend hasn't changed, yet they are disrupted by short-term volatility, ultimately missing out on real profit opportunities! In the early hours, Bitcoin first dipped and then rose, stabilizing after reaching the key support level of 85314, with a morning high of 86863; Ethereum synchronized, strongly rebounding from a low of 2789, peaking at 2846. The Bitcoin long position publicly suggested in the morning was precisely set at 85832, and decisively exited at 86819 during lunchtime, successfully locking in nearly 1000 points of space. Friends who followed have already made a fortune!
From a technical standpoint, the current market is overall consolidating in the middle band of the Bollinger Bands, with the moving average system showing a bullish arrangement. The 5-day moving average continues to cross above the 10-day moving average forming a golden cross support. The MACD indicator's fast and slow lines are maintaining a sticky operation above the zero axis. Although the red histogram momentum has contracted, there are no signs of a downward turn, indicating that the short-term volatility is a strong consolidation rather than a trend reversal. Looking at recent trends, both Bitcoin and Ethereum perfectly fit this strengthening pattern; each pullback is a process of bullish accumulation. Even if there are short-term pullbacks, they can quickly recover lost ground and continue to rise, solidifying the bullish trend foundation. Therefore, the operational strategy in the afternoon does not need hesitation; following the pullback remains the core strategy.
Bitcoin: Buy near 86000 on pullback, stop loss at 85500, target at 88000.
Ethereum: Buy near 2800 on pullback, stop loss at 2760, target directly at 2930. $BTC
