The market is never wrong; what is wrong is your obsession. A true trader understands that leverage amplifies not only profits but also the weaknesses of human nature. Every trade is a battle with oneself—FOMO will lead you to chase highs and sell lows, while fear will cause you to miss great opportunities. Only the cold discipline of trading is your strongest weapon. Remember, your capital is your lifeline; a margin call only requires one stroke of bad luck, while accumulating wealth requires countless acts of restraint. The Bitcoin price did not experience much volatility in the early morning, but instead showed a wave of oscillation. Therefore, our bullish outlook from last night, whether right or wrong, actually does not have much impact. Currently, the coin price is still oscillating around 103,000, with Ethereum remaining stable near 2,560.
Analyzing Bitcoin from an hourly perspective, the Bollinger Bands show that the price is fluctuating near the middle band, without significantly breaking below it, indicating strong support and a trend towards the upper band, suggesting accumulating bullish momentum; the J value in the KDJ indicator is diverging upwards from a high position, and the K and D values are rising, indicating that bullish strength is gradually dominating; although the current value of the MACD indicator is negative, the DIF line is crossing above the DEA line, forming a golden cross trend, while the green bars are shortening, indicating that bearish strength is weakening and bullish strength is increasing. Overall, various technical indicators indicate that the bullish strength of Bitcoin on an hourly basis is gradually strengthening, and there is hope for a short-term rise, but investment should still be approached with caution.
Bitcoin outlook: Long near 103,000-103,300, target 104,500
Ethereum outlook: Long near 2,570-2,585, target 2,655
