The turbulent market is the most challenging for mentality! Watching the K-line oscillate back and forth, buying leads to drops, and selling leads to rises. Many people can't hold their patience, either chasing at the high points or cutting losses at the low points. After being repeatedly slapped in the face, their mentality collapses! At the current stage, the most taboo is this kind of blind chasing and killing operations! Instead of repeatedly making mistakes in fluctuations and wasting capital, it is better to follow the main trend and layout accordingly, focusing on core targets to seize wave opportunities! Remember, steadily control the position rhythm, and patiently wait for the trend breakthrough after the market clarifies, to accurately capture the most certain returns!
From a technical perspective, the four-hour cycle chart provides clear guidance! After the market strongly touches the lower Bollinger Band and rebounds, it not only shows a three consecutive bullish candles but also breaks through the MA5 and MA10 moving average resistance. The moving averages turning upwards form a golden cross support, solidifying the bullish pattern! More importantly, multiple long lower shadows appear at the bottom, and the MACD indicator's green bars continue to narrow while red bars start to increase. This indicates that the support below is strong and solid, the bearish selling pressure is gradually weakening, and the bullish rebound momentum continues to deepen, making the upward trend increasingly evident. The subsequent trend rhythm continues, and one can simply follow the trend to layout for long positions.
For Bitcoin, decisively open long positions around 90000, targeting 92000!
For Ethereum, directly enter around 3050, with the target locked at 3150$BTC
