In the waves of rise and fall in the crypto world, there are no eternal smooth paths, but there is always hope. The alternating red and green candles on the K-line are the market's breath and also a test of one's temperament—don't greed for the last bit of profit during a surge, don't lose your initial faith during a deep decline, and don't disrupt the rhythm of waiting during sideways movement. Looking back at yesterday's midnight, Bitcoin's price dipped to the key support level of 85073 before triggering a rebound, rallying to the high of 86521. After reaching this level, the momentum entered a balanced state, and the market shifted into a range-bound oscillation pattern. The "姨太" (mistress) also showed synchronized movement, dipping to a low of 2890 during midnight before stabilizing and rising. As market buying power gradually recovers, the price approached the early morning rebound level of 2966.



From the current market structure, the four-hour chart has formed a classic "two bearish candles engulfing a bullish candle" reversal pattern, indicating that market sentiment is gradually recovering from correction. The price center of gravity steadily rises along the key support, and trading volume shows typical accumulation characteristics, with clearer signals of capital inflow. Moving to the one-hour chart, after a brief dip to support in the early morning, the market gradually shifted to a rhythm of alternating small bearish and bullish candles, indicating a short-term consolidation phase with a gradual upward oscillation. Although the volatility has narrowed, the price structure remains steadily upward, with limited retracement and continuous underlying buying strength. Overall, after stabilizing at key support levels, the market is gradually accumulating upward momentum at a moderate pace, and the medium-term trend remains generally positive. In terms of operation, continue to focus on buying on dips, paying attention to the continuation of the trend after consolidation. Please manage positions reasonably, strictly implement risk management, and adapt flexibly to market changes.

Follow Gong Zhonghao: Always Win, Observe the Trend

Trading suggestions:
Bitcoin: around 85000, target 90000

Altcoin: around 2080, target 3200

$BTC $ETH
BTC-1.87%
ETH-4.46%
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