Don't let unrealized gains cloud your judgment, and don't let losses extinguish your faith. Principal is your qualification to stay at the table, stop-loss is the ticket for the next opportunity, and patience is the boat ticket to traverse the cycle. Those who endure the lows of a bear market and avoid air coin traps will eventually understand: the crypto market's profit isn't about quick luck, but about the compound interest of cognition and the rewards of self-discipline. Currently, the market sentiment is oscillating up and down, but our bearish outlook remains unchanged. The target for Bitcoin is around 86,000-85,500, and for ETH, around 2,880-2,830. Friends who have entered the market, be patient and hold tight, waiting for the market to turn in the early morning towards the light of victory! Our intraday trading strategy has captured over 2,800 points in Bitcoin and over 137 points in ETH!



From the current market view, on the 4-hour chart, after two consecutive days of bullish recovery, the price around 87,700 faced significant resistance and then entered a gradual pullback phase. Currently, the price is consolidating near 86,400, with Bollinger Bands opening downward, with short-term key support around 86,000. The price is attempting to test upward based on this support. On the 1-hour chart, the market shows a slightly strong oscillation pattern, with Bollinger Bands narrowing, indicating decreased volatility. Technical indicators show KDJ forming a golden cross above 50, RSI around 48.9 indicating a neutral to slightly strong state, and MACD showing a bullish crossover below zero with weak momentum, so caution is needed for a potential pullback after a rise. Overall, the market remains in a range-bound correction phase. In the short term, if the oscillation continues, look for opportunities to buy low and sell high.

Follow Gong Zhonghao: Always winning by trend

Trading suggestions:
Bitcoin: Around 87,000, buy, target 90,000

Ethereum: Around 2,900, buy, target 3,200
BTC0.33%
ETH-2.18%
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