7.4 Morning Market Analysis!
When the market makes you feel anxious, remember: every crypto winter is nurturing the next spring. The current decline is not the end, but rather the market is helping you filter out truly valuable projects. Those price drops that keep you awake at night are precisely the seeds of future gains; those moments of hesitation often hide the greatest opportunities. Looking at the candlestick chart from a smaller perspective, the fluctuations before you are just a ripple in the long-term trend. True investment wisdom does not lie in predicting short-term ups and downs, but in maintaining rationality and patience— the market will eventually reward those who understand value and can endure loneliness. Remember, your perseverance now is sowing seeds for future harvests. After rebounding from a low of 108966, the price of the currency rose to a high of 109963, and then continued to decline to oscillate around the 109318 integer level. The short position near 110000 at midnight is also based on the market, providing a space of 645 points. Currently, the price has slightly retraced and is consolidating around the 109300 level.
Current market analysis shows a small bullish candlestick on the daily chart, maintaining a steady slow rise. The hourly chart exhibits a choppy tug-of-war characteristic. After a strong upward push from the bulls, it is often followed by a pullback, but the high points of oscillation are gradually rising, indicating that bullish momentum has not yet exhausted, and there is still potential for an increase ahead. Overall, it is in a high-level consolidation pattern, with prices clearly under pressure when approaching the 110000 level. Morning strategy: Maintain a range trading approach, primarily focusing on shorting at rebound highs.
Trading Suggestions
Big coin strategy: Short around 109800, target: around 108500
Second coin strategy: Short around 2610, target: around 2540
