Opportunities and Risks in the Volatile Pattern

Family, today I've been staring at the 1-hour K-line chart for a long time, let me share my thoughts briefly!

Current Market Situation: The price is currently hovering around 106586, with moving averages and EMA showing short-term resistance. The MACD green bars are persistent, and the RSI is also lingering at a low level, typical of a weak volatility. Previously, it peaked at 108900 and then fell back; now it's stuck in the 106300 - 107570 range with resistance levels above and below. A breakthrough will depend on volume support.

Strategy Goals and Views: The short-term strategy is to focus on the range! If it falls near 106300 and stabilizes, there could be a small rebound, aiming for 107570 as the first target and 108000 as the second target, which needs to break the previous high to be stable; if it directly breaks below 106300, caution is needed as the downside may open up. Only if it stabilizes above 107570 will there be a chance to push higher; otherwise, don't chase long positions easily. In a volatile market, buying low and selling high is more reliable than chasing up and cutting losses.

On-chain + News Impact: On-chain data needs to look at large holders' positions and exchange traffic, whether there has been concentrated transfers or signs of a dump recently; news is more critical, such as Federal Reserve policies, regulatory dynamics like a country introducing new crypto regulations, or major industry events like institutional large-scale holdings or reductions, which can affect sentiment in seconds. The market sentiment has been cautious these days, and funds are mostly on the sidelines, making it hard to break through the volatility.

I personally operate conservatively; making small money in a volatile market is possible, but don't be greedy! It feels like this wave will need waiting for significant news or on-chain movements to break the deadlock. Family, don't panic, manage your positions well, trade within the range, and adjust strategies if broken. The market is unpredictable, but opportunities lie in patience and details, and steady actions can lead us to win!

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