Holding an empty position is not surrendering; it is a reverence for opportunity. The ability to make money outside the market is the confidence to navigate through bull and bear markets. Do not commit all your chips to an unknown gamble. Looking back at the evening行情, Bitcoin dipped to around 88,530 points before stabilizing and rebounding. During the early hours, it surged strongly, reaching around 91,195 points; the altcoin moved in sync with Bitcoin, dropping to around 2,890 points before starting to rebound, with the peak reaching around 3,020 points.



From the current 4-hour chart, after a brief adjustment, the market shows signs of a positive shift. Following two consecutive bearish candles, the price attempted upward movement with two solid bullish candles and successfully broke through the middle band of the Bollinger Bands, which is an important sign that the bulls are beginning to recover. Although the overall Bollinger Bands still show a narrowing downward extension, indicating the market has not fully exited the adjustment phase, the ability to stay above the middle band suggests that the buying support below is strengthening, and market sentiment is gradually recovering from weakness. Therefore, in the upcoming行情, we should pay more attention to the market's resilience. Operation-wise, focus on looking for low-level entry opportunities after a pullback and stabilization, patiently waiting for further momentum accumulation. The current chart has initially shown signs of a turning point. As time progresses and the structure consolidates, the bulls are likely to gain more room to maneuver.

Operation suggestions:
Bitcoin: around 89,000, target 93,000
Altcoin: around 2,900, target 3,200
BTC-1,56%
ETH-0,97%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)