Every callback is an opportunity to get on board, and every celebration is a warning of risk. Don't let emotions dictate decisions, and don't let impatience replace patience. Cognition is your dragon-slaying sword, discipline is your protective shield. Surviving the bull and bear market cycles, enduring the market reshuffling, those who withstand loneliness and uphold principles will eventually bloom into the prosperity you desire during a certain cycle. In the morning, Bitcoin officially started a new round of downward probing, oscillating down from the high point of 93500 to around 91400, with the market showing signs of warming, and the current price rebounding to around 92600.
From the current market perspective, the 4-hour level shows that after probing the short-term high in the morning, the price encountered resistance and pressure, then entered a brief correction. Currently, the market is dominated by two consecutive bearish candles, and the price is running above the middle track of the Bollinger Bands, with all three tracks continuing to rise, where the middle and upper tracks constitute support and resistance respectively. At the 1-hour level, the price presents a relatively strong oscillation pattern, with short-term trends relatively strong, and the Bollinger Bands showing an expanding opening shape. In terms of technical indicators: on the KDJ front, the K-line has formed an initial golden cross below the D-line, with the J value turning upwards from a low position, indicating a strong willingness for short-term rebound momentum; the RSI is in the neutral to strong range of 50-70, and has not yet entered the overbought zone, indicating there is still upward space for the price; the MACD fast and slow lines are below the zero axis and have turned upwards, with values continuing to expand, and the volume bars are continuing to increase, indicating that bullish momentum is still being released. The afternoon operation suggestion can continue the morning's thinking, focusing on going long after a pullback.
Operation suggestions:
Big Coin: around 91800, target looking at 95000
Second Coin: around 3200, target looking at 3500
