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Those fluctuations that keep you awake at night, those moments of regaining courage after liquidation, those silent accumulations during bear markets—will ultimately become the confidence to traverse the cycle. Looking back at yesterday's trading session, Bitcoin stabilized and rebounded after dipping to a low of 89,380, with an intraday high reaching around 90,200; Ethereum's movement was synchronized, with a low of 3,074, and a rebound in the evening was blocked near 3,114, with overall volatility narrowing.
From the 4-hour perspective, after recording a solid bearish candle, the price immediately shifted to a stepwise upward trend, with both bulls and bears currently in a relatively balanced stage. The price continued to move along the upper band of the Bollinger Bands, indicating that the market still has some upward momentum, but the selling pressure above has not been fully digested, and further upward movement still faces implicit resistance. On the hourly chart, the candlesticks show alternating bullish and bearish consolidation patterns, generally stabilizing between the middle and upper bands of the Bollinger Bands, with short-term bullish forces slightly dominant. From a multi-timeframe perspective, the current market exhibits clear oscillation characteristics, with neither side achieving a trend breakthrough. It is recommended to conduct short-term trading around the current range.
Trading suggestions:
Bitcoin: Around 90,000, target 93,000
Ethereum: Around 3,050, target 3,300