In the cryptocurrency world, it's never too late to start at any moment; the real obstacle lies in the lack of courage to take the first step. Recently, market volatility has significantly intensified, and whether you are a short-term investor who prefers quick trades or a medium to long-term participant focusing on the future, there are richer entry opportunities available. In fact, once you understand the patterns and structures of the market, seizing investment opportunities will no longer be difficult. Currently, the market is steadily developing along a trajectory of slow oscillation upward.
From a technical analysis perspective, after breaking through key resistance levels and opening up upward space, the market has entered a phase of adjustment. After continuous rises, it is normal to see technical corrections. Analyzing the market structure trends, there is still potential to break through previous highs in the future. Therefore, the current operational strategy suggests focusing mainly on oscillation thinking and closely tracking market movements. In the smaller cycle level, prices continue to oscillate in the upper range, which can be viewed as a consolidation process for building momentum, with a high probability that the subsequent trend will continue to favor the bulls. Based on this, short-term operations may prioritize a buy-on-dips strategy. It is particularly noteworthy that since yesterday, the market's rebound momentum has been strong, further validating the rationale for buying in line with the trend.
Bitcoin can be positioned for long positions in the range of 109200 - 108700, with a target price looking above 110000; Ethereum is recommended for long positions in the range of 2770 - 2750, with a target price looking towards 2850.
