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#数字资产动态追踪 Bitcoin and Ethereum Evening Market Trend Analysis and Trading Ideas
This recent correction looks quite healthy. After a thorough technical pullback, new strength is now brewing. Looking at the 1-hour chart, it’s clear: first, three bearish candles wiped out some of the previous gains, then the market bottomed out with solid support, followed by two consecutive recovery bullish candles. Although the latest candle faces some resistance at the top (with a noticeable upper shadow), this is normal during an upward trend — it’s just chips changing hands and the rhythm adjusting.
From a broader perspective, the Bollinger Bands are still expanding upward, with the middle band unchanged, and prices are consistently moving within an upward channel. The lows on pullbacks are getting higher each time, and the main support levels haven’t been broken, indicating that the bullish pattern remains intact. This consolidation phase is essentially building up strength, paving the way for further upward movement.
In terms of trading strategy, patience is still key. Wait until the price stabilizes at key support levels or shows clear rebound signals before taking action. Small, staggered positions are more reliable—don’t go all-in at once. Every pullback in an uptrend is an opportunity; the window for bottom-fishing appears just like that. The overall trend is upward, and short-term consolidations are just preparing for a more vigorous rise.
Specific operational suggestions:
- Consider entering long positions on Bitcoin near 92,200, with targets around 94,000.
- For Ethereum, consider going long near 3,140, with targets around 3,250.
Keep in sync with the market’s rhythm, and don’t rush.