The volatile market is the most challenging for mindset, but the more it fluctuates, the more we need to stay grounded and calm to steer the ship well! Don't let the small moves of the main forces throw you off rhythm; remember the established strategy and anchor points, and execute firmly without blindly following. Only by enduring the consolidation phase can we steadily catch the subsequent strong trends. Every moment of patient waiting is building momentum for the trend explosion! After a deep dive yesterday, Bitcoin did not continue its downward trend, nor did it rebound significantly, always oscillating around the 90000 point range, presenting a typical time-for-space trend. Currently, there is no need to be impatient; just wait patiently for clarity in direction. As long as the key resistance level above has not been effectively broken, the intra-day trading strategy remains focused on low buys, adhering to the strategy and maintaining a steady approach.
From a technical perspective, the four-hour level has entered a consolidation and repair cycle, and the overall trend is gradually returning to a stable channel. The MACD indicator is approaching the golden cross threshold, and the core focus in the short term is whether it can effectively break through and stabilize above the middle band resistance of the Bollinger Bands. This point will become a key anchor point for the shift in bullish and bearish trends. On the one-hour level, the market is consolidating around the middle band of Bollinger Bands, having effectively stabilized above it after the morning close, forming a solid support structure. At the same time, the MACD indicator has officially formed a golden cross pattern, and bullish momentum is entering the initial release phase. It is essential to closely monitor the effectiveness of sustained volume increase. If the volume aligns well, it is expected to drive the market into a phase of upward movement. The morning trading strategy is focused on low positions without excessive buy pressure, and it is crucial to manage risk and set appropriate stop-loss levels, steadily seizing every opportunity. #美联储FOMC会议
Bitcoin: Buy around 90000, target towards 91500 near $BTC
Ethereum: Buy around 3100, target towards 3200 near $ETH

