Market fluctuations are never the end of a trend, but rather a power accumulation field for the patient. After the morning Bitcoin dipped to the 85200 line, it found strong support and stabilized before rising all the way up, reaching a peak of 88143 points. Meanwhile, the altcoin synchronized with Bitcoin, retracing to a low point of 2870 before completing a stop-loss and reaching a peak of 2980 points. Jinlin Shipan captured the rhythm of the market today, with Bitcoin achieving an actual profit of 6402 points, and the trading logic perfectly implemented!
From the current market perspective, the four-hour level has formed a continuous bullish pattern, and the price is currently at the lower middle band of the Bollinger Bands. The short-term rebound momentum shows marginal diminishing characteristics, but the bullish candlestick bodies are accompanied by significant lower shadow lines, indicating that there is strong buying willingness during the price correction process; the overall trend framework has not experienced structural breakage. At the one-hour level, the price shows an alternating oscillation pattern dominated by market battles, but the Bollinger Bands have gradually shifted from a previous contraction state to an expansion state, indicating that bullish momentum is in a stage of re-accumulation; however, current short-cycle indicators show signs of a top divergence and have a tendency to turn downward, suggesting that a technical correction is likely to occur in the short term. In terms of operational strategy, it is recommended to continue with the core idea of buying on the dip after a correction, focusing on the performance of volume support in key support areas and confirming effective breakout momentum, but remember to maintain good defenses!!
Wednesday early morning strategy: Bitcoin around 86900-86500, target looking at around 88500.
Wednesday early morning strategy: Altcoin around 2900-2870, target looking at around 3050.$BTC $ETH

