In the waves of rise and fall in the crypto world, no one can perfectly catch every market movement, but those who stay true to their original intentions will eventually navigate through bull and bear markets. The ups and downs of candlestick charts are merely the market's emotional cycles. Those sudden crashes that make you panic and those rapid surges that make you ecstatic will ultimately settle into calm. Midnight trading passes quickly, and the market once again enters a sideways tug-of-war. Bitcoin hovers around 87,500, while Ethereum fluctuates around 2,940.



From the current four-hour chart, Bitcoin has formed a three consecutive bullish candles pattern. After the price strongly moved up toward the middle band of the Bollinger Bands, the rebound momentum shows signs of marginal slowdown, consistent with the intraday forecast. If the market cannot effectively break through the key resistance area above, it may short-term shift into a correction phase. Notably, each bullish candle's body is accompanied by a relatively long lower shadow, indicating significant buying support during the pullback. This suggests that the current upward movement remains within the established upward channel, maintaining a stable overall structure, which also means there is still room for further upward movement. On the hourly chart, the price shows alternating bullish and bearish oscillations, but the Bollinger Bands are gradually opening after narrowing, typically indicating that bullish momentum is re-accumulating, and the short-term trend remains positive. Based on multi-timeframe technical analysis, after a brief consolidation, the current market is expected to continue its previous upward trend. In terms of strategy, it is recommended to focus on buying on dips, paying close attention to the support area's price stabilization, and confirming breakout momentum at key resistance levels.

Follow Gong Zhonghao: Always Winning Looks at Trends

Trading Suggestions:
Bitcoin: Around 87,000, with a target of 90,000

Ethereum: Around 2,900, with a target of 3,200
BTC-1.8%
ETH-4.16%
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