The market never lacks opportunities; what’s missing is the discipline to preserve principal and the patience to wait for the right moment. Don’t let the impulse to chase gains and sell losses drain your energy, and don’t let others’ profits disrupt your rhythm—the chips you hold are your confidence, stop-loss is your wisdom, and long-termism is your destination. Market trends change rapidly week by week, and fluctuations in the crypto circle are normal. This week, the market mainly experienced range-bound oscillations, with weak battles between bulls and bears and insufficient overall momentum. Bitcoin surged to 94,500 before retreating to 88,400; Ethereum touched 3,440 then fell to 3,040. The rate cut still struggles to reverse the gloomy sentiment.

From a short-term perspective, the trend has shown signs of a gradual rebound, with bulls steadily accumulating strength and gradually pushing the price higher. Hourly signals are clearer: the Bollinger Bands’ three lines are expanding, indicating market momentum is recovering; prices are rising in a stepwise manner from the lower band, successfully stabilizing after breaking through the middle band resistance. The candlesticks repeatedly show long lower shadows, indicating solid support at the bottom, and bullish rebound momentum is gradually strengthening. On technical indicators, the MACD bottom divergence continues to extend upward, reflecting a gradual warming of bullish sentiment, and a short-term upward trend has been initially established. In the current environment, following the trend to go long can be considered a priority trading strategy.

Follow Gong Zhonghao: Always Win, Observe the Trend

Trading Suggestions:

Bitcoin: Around 87,500—consider going long, target 91,000

Ethereum: Around 3,000—consider going long, target 3,300