Slow is fast; stability is the key to victory. May you cultivate composure amid the rises and falls of the candlestick charts, stay true to your original intention amidst market volatility, and eventually wait for the moment when value blossoms. In the waves of the crypto world, ride the wind and waves, and harvest your own certainty and happiness.



Over the weekend, market liquidity has become more subdued. After Bitcoin experienced a deep correction yesterday, it fell into a state of confusion—neither continuing its downward trend nor initiating a rebound and recovery, but instead oscillating narrowly around the 90,000 level. Intraday volatility is less than 1,000 points. The bulls and bears are engaged in a tug of war without a clear main trend. The market is digesting previous fluctuations through time rather than space, and a directional breakout still awaits clear signals to catalyze.

The four-hour chart provides a clear signal: after touching the lower Bollinger Band, the price rebounded strongly, forming three consecutive green candles with steady upward movement, breaking through the MA5 and MA10 resistance lines. Currently, the moving averages have turned upward to form a golden cross, providing solid support for the price, and a bullish pattern is clearly established. Notably, multiple long lower shadows appear in the bottom area, reflecting strong buying support below; meanwhile, the MACD indicator shows the green bars gradually shrinking, with red bars emerging and beginning to expand, indicating that the bearish force is waning and bullish momentum is strengthening. Overall, the trend is gradually shifting to the bullish side, with a higher probability of continued upward movement, and traders may consider aligning with the trend to go long.

Follow Gong Zhonghao: Always winning, look at the trend

Trading suggestions:
Bitcoin (大饼): around 89,500, target 92,000

Altcoin (二饼): around 3,050, target 3,300

$BTC $ETH
BTC-0.81%
ETH-0.08%
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