The morning operation points for Bitcoin have shown a slight deviation, while Ethereum has just managed to carve out some space; overall, it’s not bad.

From the 8-hour perspective, the BTC price rebounded after touching the lower Bollinger Band, which is a rebound recovery following overselling, and overall, there has been no trend change. From the daily perspective, the overall price trend is quite flat, showing signs of gradual increase. Although the resistance level above is around 90500, there is still room for short-term low long positions.

The four-hour level shows significant trend characteristics, with prices peaking and then oscillating around the lower middle Bollinger Band. During this time, continuous small bearish candles completed a short-term correction without any substantial deep pullback. This pattern confirms a technical demand for short-term pullbacks on one hand, and on the other hand, further verifies that the market has completed the switch to a bullish trend. Under the sustained bullish momentum, the bearish pressure has basically exhausted, and the market is firmly dominated by bulls. However, it is necessary to be cautious, as some traders still cling to the previous bearish mindset and insist on being 'bearish at all costs' against the backdrop of a clear upward trend. This way of thinking, which contradicts the main market trend, can easily lead to missed profit opportunities and even unnecessary risks. In the subsequent operations, Lao Wang suggests focusing on bullish logic and making long positions based on short-term pullback opportunities.

Bitcoin: Layout long positions around 89000, target around 91000.

Ethereum: Layout long positions in the range of 3070-3100, target around 3200. $BTC #美联储降息