The current Bitcoin market trend is like a top caught in a dilemma, repeatedly shaking and wearing down investors' patience. In the face of such a grueling market, one must maintain composure and patience, just as the ancient saying goes, "When heaven is about to confer a great responsibility on a person, it must first grind their mind and spirit," as dawn often arises after persistence.
From a technical perspective, analyzing the four-hour candlestick chart, after a brief market pullback in the afternoon, it fell into a range-bound oscillation pattern, with the volatility continuing to narrow. This phenomenon indicates that the bearish forces encountered strong resistance during the downward process, and the key support levels below are showing strong resilience, suggesting that bullish momentum is gradually building up, and a trend reversal may be on the horizon.
The evening trading strategy recommends continuing the daytime approach, primarily focusing on bullish positions. Pay close attention to the effectiveness of the support around the $107,200 level for Bitcoin, where long positions can be arranged near this price, targeting $109,000. For Ethereum, it is advised to enter long positions in batches in the $2,420-$2,430 range, with a target price set at $2,550. Please take care to strictly set stop-losses to control trading risks.