The volatility of the cryptocurrency market on $BTC can be described as "turbulent waves"; the leverage effect of contract trading further makes risks and opportunities coexist. In such an environment, technical analysis is like a nautical chart, while mindset acts as the compass for steering. Many investors only realize after experiencing significant losses that predicting their own emotions is more challenging than predicting market trends. Cultivating mindset requires learning to reconcile with greed and fear, establishing a scientific fund management system, and prioritizing trading plans over emotions. When you can remain steady in extreme market conditions, you can transform the risks of the cryptocurrency contract market into a springboard for wealth appreciation.

From the observation of the 4-hour K-line cycle technical pattern, the market has formed a strong resistance platform in the upper Bollinger Bands area after completing a sharp main uptrend. Accompanied by the continuous narrowing of the MACD histogram and the emergence of a top divergence in the RSI indicator, there are clear signs of a decrease in bullish momentum, prompting the price to face downward pressure, indicating that the phase of upward trend may have entered a consolidation period. Qianyu advises closely monitoring the effectiveness of the lower support level and changes in trading volume during the early hours to seize subsequent trading opportunities.

Saturday early morning thoughts:

Buy Bitcoin near 107300, target 109000.

Buy Ethereum near 2480, target 2550.