The fluctuations in the cryptocurrency market are never the end, but rather a practice to filter out those who are truly steadfast. Every rise and fall of the candlestick chart teaches you to settle; every profit and loss in the account is either a manifestation of strength or an upgrade in understanding. Looking back at the early morning, Bitcoin rebounded from a low point of 84408 to consolidate around 85800, while Ethereum followed Bitcoin's rhythm, rebounding from a low point of 2772 to the 2837 line.
Currently observing the market, the 4-hour level has recorded consecutive bullish candles, and the price is vying for a critical position at the middle track of the Bollinger Bands. If this position can stabilize effectively, bullish momentum is expected to see a second release, and the market may launch an assault towards higher target ranges; conversely, if this support is lost, the downside adjustment space may further open up. From the 1-hour level, the candlestick is gradually pushing upwards with small bullish movements, and all technical indicators are simultaneously showing a bullish resonance with an upward opening. The MACD indicator has formed a golden cross, and there is still room for further upward movement in the short term. Morning operation suggestions should focus on trend layout, but be wary of potential rapid spikes during the session, remain flexible in response, and make sure to set proper stop-loss protection.
Operation suggestions:
Bitcoin: around 84800, target looking at 89000
Altcoin: around 2780, target looking at 3100
