Bitcoin has rebounded strongly, testing the previous high of 94500, with a maximum rebound to 94700 and pullback. Currently oscillating around 93700. This week's strategy remains unchanged—mainly long at lows to catch the rebound. 94500 will be tested for breakthrough again today. As a recent high point, it's a stronghold for bears and an entry point for many short positions. The battle for long positions here will be intense. This is also a selling point for many bulls, so pullbacks are normal, and repeated oscillations around this level are expected. Everyone must have their own judgment! Yesterday I wanted to go long at lows but didn't get the chance to board. Fortunately, Ethereum provided an entry opportunity at 3140, which was shared in the live room last night. According to plan, we continue looking higher with position reduction and breakeven stops!
Bitcoin daily chart shows 5 consecutive bullish candles forming an arc bottom. This still appears to be just a rebound, insufficient to form a reversal. The major trend still favors bears. Those without short positions can wait patiently or participate in some low longs first. Those trapped in shorts must manage positions and prevent liquidation. MACD bullish energy continues to expand, MA5 accelerates upward, and price remains within the upper band of Bollinger Bands. Daily pullback is needed, but no shorts considered. Operations focus on low longs.
On 4-hour and hourly levels, indicators show clear pullback requirements, but price reluctant to drop—this has a whipsaw flavor. MACD bullish energy shrinks, KDJ three-line convergence shows death cross downward, RSI turns down from overbought high. Support below at 92700, 91700, and 90700—set low long ambushes around these levels. Resistance above at 93500, 94500, and 95500.
Ethereum daily also shows 5 consecutive bullish candles. Like Bitcoin today, mainly long at lows. Support below at 3180, 3140, and 3100—reference these for entry. Resistance above at 3230, 3300, and 3350.
Success lies in mindset, failure in temperament. Trading's wonder is the experience, trading's essence is patience. Masters don't profit through frequent trading accumulation—they spot opportunities and strike decisively. Most chase every profit; only the minority are mostly losing, but when they catch one—they reverse everything. $BTC
1.6 BTC/ETH Market Analysis:
Bitcoin has rebounded strongly, testing the previous high of 94500, with a maximum rebound to 94700 and pullback. Currently oscillating around 93700. This week's strategy remains unchanged—mainly long at lows to catch the rebound. 94500 will be tested for breakthrough again today. As a recent high point, it's a stronghold for bears and an entry point for many short positions. The battle for long positions here will be intense. This is also a selling point for many bulls, so pullbacks are normal, and repeated oscillations around this level are expected. Everyone must have their own judgment! Yesterday I wanted to go long at lows but didn't get the chance to board. Fortunately, Ethereum provided an entry opportunity at 3140, which was shared in the live room last night. According to plan, we continue looking higher with position reduction and breakeven stops!
Bitcoin daily chart shows 5 consecutive bullish candles forming an arc bottom. This still appears to be just a rebound, insufficient to form a reversal. The major trend still favors bears. Those without short positions can wait patiently or participate in some low longs first. Those trapped in shorts must manage positions and prevent liquidation. MACD bullish energy continues to expand, MA5 accelerates upward, and price remains within the upper band of Bollinger Bands. Daily pullback is needed, but no shorts considered. Operations focus on low longs.
On 4-hour and hourly levels, indicators show clear pullback requirements, but price reluctant to drop—this has a whipsaw flavor. MACD bullish energy shrinks, KDJ three-line convergence shows death cross downward, RSI turns down from overbought high. Support below at 92700, 91700, and 90700—set low long ambushes around these levels. Resistance above at 93500, 94500, and 95500.
Ethereum daily also shows 5 consecutive bullish candles. Like Bitcoin today, mainly long at lows. Support below at 3180, 3140, and 3100—reference these for entry. Resistance above at 3230, 3300, and 3350.
Success lies in mindset, failure in temperament. Trading's wonder is the experience, trading's essence is patience. Masters don't profit through frequent trading accumulation—they spot opportunities and strike decisively. Most chase every profit; only the minority are mostly losing, but when they catch one—they reverse everything. $BTC