The market never neglects long-term believers. Those times of沉淀 in darkness, those勇气坚守 amidst震荡, will eventually turn into a light that illuminates the way forward in a certain cycle. May you be able to calmly accept the impermanence of ups and downs, and firmly guard your inner anchor point. In the alternation of bull and bear markets, you will gradually become wealthier, and after crossing cycles, meet a better version of yourself. Bitcoin surged and retraced, and it was clearly indicated in the afternoon that a retracement to around 86500 could be a good entry point for long positions. The strategy has been provided to you. Whether you can profit from it depends on yourself. Whether it’s the long positions we suggested at noon or in the evening, they all captured over a thousand points of space. The clarity of the market rhythm gives us more confidence in our arrangements. This tug-of-war market tests people’s hearts; it’s a gamble on your mindset of chasing gains and selling losses. Rationally view the market, find the right entry points, understand the structure—this is what you should focus on now!

From the current market situation, after a strong surge on the four-hour chart, the price quickly gave back all gains and fell back to the starting point, forming a typical shakeout pattern with both bulls and bears. Currently, the market dominance has shifted to the bears, but the key support level below has not been effectively broken, maintaining a short-term pressure and consolidation pattern. The MACD indicator remains in a weak zone, with the fast and slow lines converging and consolidating, indicating an approaching decision point for direction. On the hourly chart, the weak signals have been fully released; the K-line structure forms a “beauty shoulder” bearish pattern, Bollinger Bands are opening downward and diverging, and bearish momentum continues to expand, showing a continuous downward trend with consecutive red candles. It’s important to note that the key support below has not yet been broken, and there is still room for further retracement.

In terms of operation, it is recommended to follow the trend but strictly set stop-losses.

Follow Gong Zhonghao: Always Win Looks at Trends

Trading suggestions:
Bitcoin: around 85500, go long, target 89000

Second Bitcoin: around 2780, go long, target 3100