$BTC 12.4 Morning Thoughts and Suggestions
The strategy from the early morning was once again validated. Those who followed got to enjoy the gains directly. If you always rely on luck and want more, just when you make a small profit, you start to dream of turning things around, only to find yourself facing a drop that keeps you awake at night. Thinking that holding on might help you break even, the longer you hold, the more you lose. Reluctantly closing your positions, and then it immediately rises again, tempting you. During the day, you sneak a look at the news while at work, and at night, you stay up late staring at the screen. One moment you're happy, the next you're anxious, and in the end, you've gained nothing. Your mindset gets worn down to the point where you have no temper left, and all that's left in your mind is 'If I had known, I wouldn't have touched it in the first place.'
From the perspective of the technical analysis over the past 4 hours, the current pattern shows a "strong rebound after a dip" leaning towards a bullish trend. The middle line of the Bollinger Bands is gradually turning upwards, and the lower line provides support at a low level. The channel has shifted from previous contraction to a bullish expansion. After the K-line dipped to 83786, it rallied with consecutive bullish lines, and the current price is approaching the upper line of the Bollinger Bands, maintaining bullish momentum. However, in the short term, attention should be paid to the pressure from the upper line of the Bollinger Bands. If it breaks out with volume, the rebound potential will be further unlocked. Be cautious of strong resistance above and monitor the effectiveness of the support below. Always be ready to exit!
Suggestions:
The major coin is bullish around 93100, target near 95200,
The altcoin is bullish around 3140, target near 3270
