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The market situation on Saturday was as expected, remaining in a state of range fluctuation, with a stable trend and lacking a clear rise or fall trend. From the price movement perspective, the fluctuation range throughout the day was relatively narrow, with both bulls and bears in balance, making it difficult for the market to form a one-sided trend. This situation is particularly common on weekends, as the market needs to undergo technical adjustments after experiencing significant fluctuations in the previous days.
Observing from the hourly level, the three lines of the Bollinger Bands present a parallel line shape, which is a typical manifestation of the market being in a range-bound fluctuation. In this type of fluctuation market, investors need to seize the opportunity to enter and exit in a timely manner to capture the direction of each price movement. Switching to the four-hour level, the K-line hovers at the upper Bollinger Band, indicating that although it is currently in a fluctuation, the overall trend is still showing an upward development. This strongly proves that the bulls continue to hold the dominant position.
Pay attention to the market suggestions for Sunday.
Bitcoin is long near 117000.
Target 118500
Ethereum aspect
Buy near 2900
Target focus 3100
Strategy first, watch the followers with a smile.
In the recent market fluctuations, some positioned themselves early while others hurriedly followed the trend. The teacher had already clearly advised entering long positions around 109,000, and I maintained a bullish strategy all the way. When the market steadily climbed to 118,000, those who doubted and hesitated were still lingering. They either feared chasing highs or blindly guessed the peak, ultimately missing the opportunity. My strategy was like a stabilizing needle, continuously yielding profits. At this moment, the market is still moving upwards, but followers can only look up at the profits of others, left with regret. The foresighted enjoy the meat, while the latter sip the soup; without composure, one will ultimately become cannon fodder in the market. Choices and trust determine your position—are you a leader or a follower? The answer has long been written in the profit curve. #BTC再创新高 #ETH突破3000 #VIP 专属空投嘉年华