The market movement in the early morning was interesting. Bitcoin started at a low of 104265 and then quickly jumped to around 106670, and is now fluctuating around 106000. As for Ethereum? It primarily follows the general trend, having bounced from a low of 3553, reaching 3658 but faced resistance, and is now trading around 3630.
This wave of the rebound was very direct. After the opening, the price broke through the resistance and rose, and the market sentiment was clearly leaning towards buying. If you ask me for my opinion? It's simple — don't expect the top, and don't buy at the bottom, follow the trend as it is the safest. When the price stops and stabilizes at a certain level, enter the market, and don't challenge the market. When looking at the four-hour chart, the breakout pattern has become established. Next, we focus on the level of 104500: as long as the correction does not exceed this limit, the logic of the upward movement still holds. In the short term, Bitcoin is likely to continue to oscillate in an upward movement, with a focus on the potential to break through the level of 106500. The market? Its face can change in a single second. The shift between strength and weakness often happens in an instant. So, don't rush, follow the market's rhythm, and wait for the appropriate correction level to enter. Patience is the most valuable trait in this market.
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The market movement in the early morning was interesting. Bitcoin started at a low of 104265 and then quickly jumped to around 106670, and is now fluctuating around 106000. As for Ethereum? It primarily follows the general trend, having bounced from a low of 3553, reaching 3658 but faced resistance, and is now trading around 3630.
This wave of the rebound was very direct. After the opening, the price broke through the resistance and rose, and the market sentiment was clearly leaning towards buying. If you ask me for my opinion? It's simple — don't expect the top, and don't buy at the bottom, follow the trend as it is the safest. When the price stops and stabilizes at a certain level, enter the market, and don't challenge the market.
When looking at the four-hour chart, the breakout pattern has become established. Next, we focus on the level of 104500: as long as the correction does not exceed this limit, the logic of the upward movement still holds. In the short term, Bitcoin is likely to continue to oscillate in an upward movement, with a focus on the potential to break through the level of 106500.
The market? Its face can change in a single second. The shift between strength and weakness often happens in an instant. So, don't rush, follow the market's rhythm, and wait for the appropriate correction level to enter. Patience is the most valuable trait in this market.