The market is never short of opportunities; what is lacking is the determination of 'a heart as steady as a rock, hands that are calm and worry-free.' In a bear market, one quietly accumulates, while in a bull market, one harvests with ease. Long-termism has never been just a slogan; it is the confidence to weather the storms. Maintain your rhythm and protect your principal, and you will eventually wait for the blooming and fruition that belongs to your own cycle. On Thursday, the overall market entered a rebound recovery phase, with Bitcoin's price rising from a low point of 85261 in the early morning to a high point of 89447 in the evening. Ethereum's market performance also mirrored that of Bitcoin, with prices climbing strongly from around 2800 in the morning to a high point of 2997 in the evening.
Currently, Bitcoin's four-hour candlestick chart shows a 'bullish recovery' pattern: after a continuous rise that fills the previous correction range, the upward momentum of bulls has somewhat slowed, and there is a slight pressure from bears. This round of correction is a healthy technical repair that helps to accumulate energy for future trends. The price is currently stable near the upper Bollinger Band, and the market is about to enter a phase of consolidation; it is necessary to sequentially achieve the following goals: digest short-term profit chips, repair overbought technical indicators, and wait for the moving average system to gradually rise and follow. Once the consolidation has built sufficient momentum, the market is expected to continue its original upward trend. During the midnight period, the operational suggestion is to primarily layout long positions at low points during corrections.
Operational suggestions:
Big Cake: around 85500, target at 89000
Second Cake: around 2780, target at 3100
