Looking at the current market, the morning's surge was completely swallowed by the afternoon's decline. The daily chart is particularly interesting; yesterday closed with a large bullish candle, and today it directly reversed to a large bearish candle, pushing the price back into the previous consolidation zone. But don't panic, the Bollinger Band line is still maintaining an upward tilt, indicating that the price range is actually quietly shifting upwards, and the overall trend remains unchanged.
Switching to the hourly chart for a close look, this wave of three consecutive bearish candles dipped to around 103000, but like a spring being compressed and then bouncing back, it hasn't truly broken down. More importantly, in the MACD indicator here, the green bars have started to shrink, clearly signaling a bullish divergence, which is usually a prelude to a rebound. This afternoon, focus on the level of 102500; as long as this support level holds, there’s a high probability of a counterattack opportunity.
The operational thought is very simple: don't be scared by this pullback; take the opportunity to buy low when the price retraces. Just like when we wait for discounts, around 103000 is the current discounted price range—place your orders and wait in ambush, with the initial target set above 105000. Remember not to rush into chasing highs or panic selling; stay steady and follow the rhythm of a fluctuating upward trend.
Operational suggestion
Buy around 102500-103000 for Bitcoin with a target near 104500.
You can buy around 2350-2330 for Ethereum with a target near 2460.