The principal is your qualification to stay at the table; stop-loss is the compass to navigate through the fog; patience is the hunting gun to capture opportunities. Those who endure the lows of a bear market, withstand the turbulence of fluctuations, and resist the impulse to trade frequently will eventually see the dawn during cycle rotations. In the morning, the price is around 86,000; at noon, it drops from the low of 85,226 and halts the rebound; after the market warms up and rises to around 86,577, it then consolidates nearby. Ethereum follows a similar pattern: a surge in the morning to around 2,977, then faces resistance and falls back; at noon, it drops to a low of around 2,870. Currently, the market is in a phase of technical repair.
From the 4-hour chart, Bitcoin quickly advances past previous highs with a strong bullish candle, then retraces slightly and enters a high-level consolidation phase. The candlesticks show alternating bullish and bearish narrow fluctuations, with no deep correction, fully indicating that the current bullish forces still dominate. This sideways movement can be viewed as a consolidation phase within an upward trend, with the overall upward structure remaining intact. After the consolidation ends, the price is expected to challenge previous highs again. On the 1-hour chart, the price remains near the upper band of the Bollinger Bands, which are gradually narrowing, with market volatility significantly decreasing. This technical feature usually signals an imminent directional choice in the short term. Operation-wise, it is recommended to continue following the trend for long positions, deploying orders in batches around key support zones to seize trading opportunities for a breakout. Meanwhile, risk control should be emphasized to cope with potential short-term market fluctuations.
Follow Gong Zhonghao: Always Win, Look at the Trend
Trading suggestions: Bitcoin: Around 85,500, with a target of 90,000
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The principal is your qualification to stay at the table; stop-loss is the compass to navigate through the fog; patience is the hunting gun to capture opportunities. Those who endure the lows of a bear market, withstand the turbulence of fluctuations, and resist the impulse to trade frequently will eventually see the dawn during cycle rotations. In the morning, the price is around 86,000; at noon, it drops from the low of 85,226 and halts the rebound; after the market warms up and rises to around 86,577, it then consolidates nearby. Ethereum follows a similar pattern: a surge in the morning to around 2,977, then faces resistance and falls back; at noon, it drops to a low of around 2,870. Currently, the market is in a phase of technical repair.
From the 4-hour chart, Bitcoin quickly advances past previous highs with a strong bullish candle, then retraces slightly and enters a high-level consolidation phase. The candlesticks show alternating bullish and bearish narrow fluctuations, with no deep correction, fully indicating that the current bullish forces still dominate. This sideways movement can be viewed as a consolidation phase within an upward trend, with the overall upward structure remaining intact. After the consolidation ends, the price is expected to challenge previous highs again. On the 1-hour chart, the price remains near the upper band of the Bollinger Bands, which are gradually narrowing, with market volatility significantly decreasing. This technical feature usually signals an imminent directional choice in the short term. Operation-wise, it is recommended to continue following the trend for long positions, deploying orders in batches around key support zones to seize trading opportunities for a breakout. Meanwhile, risk control should be emphasized to cope with potential short-term market fluctuations.
Follow Gong Zhonghao: Always Win, Look at the Trend
Trading suggestions:
Bitcoin: Around 85,500, with a target of 90,000
Ethereum: Around 2,850, with a target of 3,200
$BTC $ETH