10.13 Morning Thoughts and Suggestions
After a slight pullback in the early morning, it has risen. Have you kept up, friends? You may have missed a wave of surges, but don't let that make you panic and chase the high. You might have stepped into a small pit once, but don't let that make you hesitant to try again. Don't push yourself to be a "must-catch-every-market-movement" top, and don't deny everything because of one mistake. What you need to do is accept your losses, recognize reality, and confront it head-on; in the end, it is yourself who will suffer.
Looking at Bitcoin on the 1-hour level, it is currently fluctuating around 114800, while the middle band of the Bollinger Bands still maintains an upward trend, providing strong support for the price comparison. In the short term, we can first observe the breakthrough of the upper band of the Bollinger Bands. During the rising phase, the volume has significantly increased, and the push is strong. When it retreats later, the volume contracts, indicating that the push has paused but the trend has not reversed. If it can continue to hold above the middle band of the Bollinger Bands, there is still potential to challenge the upper band, but at the same time, we need to pay attention to the support near the middle band of the Bollinger Bands. Set your stop-loss well!
Suggestions:
Bitcoin is fluctuating around 114000, target near 116500,
Ether is fluctuating around 4060, target near 4270
