Meticulous cultivation requires patience in holding positions upon entry. The market continues to steadily rise. The morning session first experiences a brief spike followed by a pullback, then stabilizes after forming a bottom. The competition between bulls and bears intensifies, with Bitcoin fluctuating around the 92300 level, and Ethereum seeing repeated back-and-forth around the 3250 range. Overall, it presents a pattern of oscillating upwards. In terms of real trading strategy, early morning long positions were accurately entered, with Bitcoin established at the 92390 level and Ethereum at the 3247 level, both currently held in profit. It is important to know that only those with a calm mindset can proceed steadily and achieve final victory.
The current market oscillation and competition pattern continues, and the market urgently needs favorable factors to catalyze a break from the stalemate. In the four-hour cycle, the price oscillates in the upper Bollinger Band area. The early morning pullback momentum gradually weakens, and it has now entered a stage of technical correction and consolidation. The middle line of the Bollinger Band forms a strong support level, and the price quickly rebounds after touching this position. The long lower shadow on the bottom indicates strong bullish buying pressure, and the rebound repair trend continues to strengthen. In the hourly cycle, the price runs below the upper Bollinger Band, showing a pattern of three consecutive small bullish candles. Although short-term market momentum appears slightly insufficient, the overall focus steadily rises, laying a solid foundation for the continuation of the subsequent rebound market. The following operational suggestion is to align with the trend and layout long positions.
Bitcoin: 91500-92000 range for long positions, target focus 94000
Ethereum: 3180-3220 range for long positions, target focus 3350
