There are no eternal winners in the cryptocurrency world, nor are there unchanging losers. Today's low may be the starting point for tomorrow's peak. Maintain your enthusiasm for learning and continuously enhance your understanding, because in this ever-changing world, only by constantly improving can one remain invincible. On Saturday, Bitcoin's price reached a high of about 95157 in the morning before coming under pressure, subsequently showing a fluctuating downward trend. In the evening, the price hit a low of 93833. Ethereum has been oscillating within a range since the morning, experiencing a relatively strong upward surge in the afternoon, with a peak price of about 1841 before retreating, and a low of about 1778 in the evening.
According to the current market, the four-hour chart shows a stair-step downward movement to the middle track of the Bollinger Bands, but the support at the middle track of the Bollinger Bands is strong, and the bearish momentum cannot lead to a sustained breakdown of the price. The MACD fast and slow lines are both running above the 0-axis, indicating that the overall trend is still biased towards bullish. From the one-hour chart perspective, the price rebounded with two consecutive bullish candles after touching the lower track of the Bollinger Bands, and the KDJ indicator's three lines formed a golden cross and diverged upwards. Combined with the recent lows continuously rising, the bulls will further rise after experiencing a pullback. For midnight operations, we will maintain a strategy of low buying after a pullback.
Bitcoin can be bought near 94000, with a target of 95500.
Ethereum can be bought near 1780, with a target of 1850.
