In the cryptocurrency world, there has never been a smooth path; the fluctuations of the K-line are merely tests of patience from the market. The clamor of a bull market amplifies greed, while the quiet of a bear market can solidify understanding. Those who withstand the turbulence and adhere to logic will be the ones to witness the moment the trend manifests. Looking back at Friday's intra-day market, Bitcoin continued its downward adjustment from the previous day, quickly stabilizing and rebounding after dipping to a low of 85199, with bulls pushing higher in the evening, reaching a peak of 88610; Ethereum's movement remained highly synchronized with Bitcoin, starting the morning with a rebound from a low of 2811 and climbing to around 2994 in the evening, overall showing a strong rebound pattern. Throughout the day, the consistent winning strategy in live trading for Bitcoin gained over 6399 points in space! The synchronized strategy for Ethereum gained over 266 points in space!
The current market shows that Bitcoin has undergone a healthy pressure test and adjustment process at the four-hour level. The market has repeatedly tested key resistance areas; although a strong breakthrough has not yet been achieved in one go, each low point after a pullback has received solid support, demonstrating a firm foundation of support below. The momentum from previous consecutive upward movements has temporarily shifted to range-bound fluctuations, but this is precisely the critical phase where the market digests prior profits and solidifies the foundation for further upward movement. In the short term, the price is encountering resistance near the upper Bollinger Band and is consolidating, with volume receding slightly during the pullback; this is a typical signal of momentum accumulation and the cleansing of floating capital. At the one-hour level, although the upper shadow indicates short-term resistance, more importantly, each pullback has not broken through the key support platform, and the rebound after the pullback is quick and decisive, indicating that market sentiment remains bullish, with a strong willingness to buy on dips.
Operation Suggestions:
Bitcoin: Around 87000, target looking at 91000
Ethereum: Around 2900, target looking at 3200
