Technical indicators of $BTC can be quickly mastered through learning, but in the face of the ever-changing market, the ability to maintain rational judgment is the key to determining the success or failure of trading. In the cryptocurrency contract market, FOMO (Fear of Missing Out) and the psychology of gain and loss often have a more destructive effect than the market itself. Successful traders understand that a stable mindset is more valuable than any short-term profit. By reviewing trading records and setting strict psychological stop-loss lines, they gradually establish a strong psychological defense line, allowing them to respond to changes in the contract market and make every trade a step in the progression of their mindset.

From the observation of the 4-hour K-line cycle technical formation, after completing a sharp main upward wave, the market forms a strong resistance platform in the upper Bollinger Band area. Accompanied by the continuous narrowing of the MACD histogram and the emergence of a top divergence in the RSI indicator, there are obvious signs of a decline in bullish momentum, prompting prices to come under pressure and indicating that the stage of upward trend may have entered a consolidation period. Qian Yu suggests closely monitoring the effectiveness of the lower support level and volume changes in the early morning to seize subsequent trading opportunities.

Saturday early morning thoughts:

Buy Bitcoin around 107300, target 109000.

Buy Ethereum around 2480, target 2550.