Today's market trend shows an extremely stable oscillation pattern, with prices fluctuating around the range of 103500. The overall fluctuation throughout the day was only 700 points, and it is in a technical recovery phase after a decline. Although the intraday volatility is limited, with precise trend judgment, we successfully captured two key fluctuation points today, gaining over 1000 points in Bitcoin. So even though the market volatility tends to calm down, we can still find opportunities in small fluctuations. We do not underestimate every small market movement, nor do we let go of every small profit; little by little, we move forward steadily.
From the current market view, the Bollinger Bands in the 1-hour chart are continuously narrowing, and the cryptocurrency price has shown four consecutive bearish candles. However, from a technical perspective, the price is in a slow upward recovery phase. The current price is steadily operating above the middle band of the Bollinger Bands, indicating that the short-term bullish trend has not changed; thus, short-term operations can be cautiously bullish.
Bitcoin at 102800-103100, look for 105500.
Ethereum at 2380-2400, look for 2480$BTC.