Remember, the principal is your only qualification to stay at the table. Stop-loss is not about giving up but about leaving enough room for the next opportunity; unrealized gains are just numbers, and securing profits is the real reward. On Tuesday, the white market trend experienced a slow midday decline reaching the 85226 level, then in the evening, the bulls began to gradually recover, currently up to around 87299. Given the previous decline, there is again a recovery space of over 2000 points. Ethereum showed relative weakness, with a downward dip at midday touching the short-term bottom at 2870, and in the evening, it recovered upward, currently reaching around 2962.
From the overall market structure, the previous phase of simultaneous volume and price increase has gradually come to an end, and the short-term trend has clearly shifted to a range-bound oscillation pattern. The deep correction during yesterday’s session was not a trend-breaking signal but an effective test of key support levels below. After a brief dip below support, the price quickly recovered, further confirming the validity of that support zone. The Bollinger Bands are currently showing a clear narrowing and flattening pattern, highly consistent with the current box oscillation structure, indicating that in the short term, prices are likely to continue within the current range without a clear trend direction. In terms of operation, consider positioning long trades when the price retraces to support areas.
Follow Gong Zhonghao: Always Win, Watch the Trend
Trading suggestions: Bitcoin: Around 86,000, with a target of 90,000
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Remember, the principal is your only qualification to stay at the table. Stop-loss is not about giving up but about leaving enough room for the next opportunity; unrealized gains are just numbers, and securing profits is the real reward. On Tuesday, the white market trend experienced a slow midday decline reaching the 85226 level, then in the evening, the bulls began to gradually recover, currently up to around 87299. Given the previous decline, there is again a recovery space of over 2000 points. Ethereum showed relative weakness, with a downward dip at midday touching the short-term bottom at 2870, and in the evening, it recovered upward, currently reaching around 2962.
From the overall market structure, the previous phase of simultaneous volume and price increase has gradually come to an end, and the short-term trend has clearly shifted to a range-bound oscillation pattern. The deep correction during yesterday’s session was not a trend-breaking signal but an effective test of key support levels below. After a brief dip below support, the price quickly recovered, further confirming the validity of that support zone. The Bollinger Bands are currently showing a clear narrowing and flattening pattern, highly consistent with the current box oscillation structure, indicating that in the short term, prices are likely to continue within the current range without a clear trend direction. In terms of operation, consider positioning long trades when the price retraces to support areas.
Follow Gong Zhonghao: Always Win, Watch the Trend
Trading suggestions:
Bitcoin: Around 86,000, with a target of 90,000
Ethereum: Around 2850, with a target of 3200