Slow is fast, and stability leads to victory. May you cultivate calmness amidst the fluctuations of K-line, uphold your true self amid the unpredictability of the market, and ultimately wait for the moment when value blossoms. In the wave of the cryptocurrency world, ride the wind and break the waves, and reap your own certain happiness. The weekend market liquidity is tending to stabilize, and Bitcoin has fallen into directional confusion after a deep correction yesterday—neither continuing the downward trend nor initiating a rebound, but instead engaging in a narrow tug-of-war around the 90,000 mark. Daily fluctuations are less than a thousand points, and the long-short game lacks a clear main line, with the market digesting previous fluctuations in a way that exchanges time for space, requiring clear signals to catalyze directional breakthroughs.
The four-hour chart signals are clear: the market rebounded strongly after touching the lower band of the Bollinger Bands, producing three consecutive bullish candles and steadily rising, breaking through the MA5 and MA10 moving average resistances. The moving averages have turned upwards and formed a golden cross, providing solid support for the price, and a bullish pattern is clearly established. It is worth noting that the bottom area has repeatedly shown long lower shadows, reflecting strong buying support below; at the same time, the MACD indicator's green bars continue to shorten, with red bars appearing and beginning to expand, indicating that bearish strength is gradually weakening and bullish momentum is increasing. Overall, the trend has gradually shifted towards the bulls, and the probability of continued upward movement is high, so it may be considered to seize long opportunities in line with the trend.
Operation suggestions:
Bitcoin: around 89,500, target at 92,000
Altcoin: around 3,050, target at 3,300
