Who understands, family! When the market fluctuates, the entire internet is filled with 'guessing the top and bottom' experts, yet no one tells you how to endure a grinding market? Take my advice: candlestick patterns are never a rocket launch-style rise; fluctuations are there to filter out the impatient, and pullbacks provide opportunities for smart money to enter! True profit does not come from chasing the market but from maintaining discipline, enduring solitude, allowing time to smooth out fluctuations, and letting compound interest pay off. Slow down and be steady; that's the core secret to not being cut in the crypto market!
After the macro data was released yesterday, many were hoping for a one-sided market, but the mainstream coins still followed the old path of fluctuations. That slight uptick in the latter half shouldn't mislead you with emotions; in my view, it's just a normal release after technical consolidation, not a signal of trend reversal. Keep in mind that the previous rounds of fluctuations have already digested most of the market's panic selling. Now, the chip structure is becoming more stable, just waiting for a clear breakthrough signal. At this time, random operations can lead to greater losses than missing out!
Let's look at the 1-hour cycle; yesterday was a dual act of 'surge and fall + narrow range grinding,' a typical feature of fluctuating markets: the moving average system has directly become 'twisted,' with several key short-term moving averages intertwined. The price is fluctuating back and forth near the moving averages, making both support and resistance feel soft and weak. Want to find a clear trend in the short term? Forget it, it's purely a waste of emotion.
Looking at the K-line details again, the long upper shadow left by yesterday's surge clearly tells us how strong the pressure above is; however, the price quickly rebounded after dropping near the key support level, which also confirms the effectiveness of this support. Currently, mainstream coins are still stuck in this wide range of fluctuations, and there are no signs of a breakout at all. At this time, the most taboo thing is to 'guess the breakout direction'; those who guess are likely to be caught.
Here, I must emphasize the core rhythm I have observed. Although the market briefly refreshed the intraday high during the early hours, it did not form sustained upward momentum and immediately fell back. This wave of movement perfectly fits the 'up three back two' structure in a fluctuating market. Experienced players know that this type of movement is a typical operation of 'testing + confirmation.' More importantly, the early morning is the period of lowest market liquidity, and the recent high has very little real capital exchange, indicating significant volatility. Whether it can stabilize at the key support level and whether it can sustain momentum during the US market session are the core variables to determine whether the trend will start; everything else is just noise.
Finally, let me share my personal trading advice, for reference only, and it does not constitute investment guidance: If mainstream coins can stabilize in the key support range and close with a K-line indicating stabilization, then it is a good time to enter long positions with a small amount. The first target is to look at the short-term resistance level within the range, and after breaking through, consider extending to the upper edge of the range; the stop loss must be strictly set below the key support level. It's better to earn less than to be trapped by the risk of breaking below the range. Remember, in a fluctuating market, discipline is more important than price levels; trading less but accurately is 100 times better than trading blindly.
That's it for today's morning review. Fluctuating markets are the most taxing, but they are also a good time to filter for opportunities. I will continue to track the breakout signals in the future, and once there is a clear direction, I will sync with everyone in the comments section as soon as possible. If you find my analysis useful, don't forget to give me a follow @帝王说币 #巨鲸动向 $BTC .
