Losses are the norm in the cryptocurrency world, yet they also contain opportunities for evolution. The real risk does not lie in market volatility, but in whether one can iterate understanding from lessons learned, transforming investment from 'gambling' into 'strategy'. Respecting the market is essential for longevity.
The daily candlestick shows a full bullish candle indicating strength, and after a correction, the bulls are restarting their upward momentum. The price retraced during the day to confirm support effectively, and there is hope for a continued upward movement. One should pay attention to the possibility of a one-sided increase or a shift to a fluctuating upward rhythm, and strategically focus on buying during retracements, relying on support levels for entry. From a four-hour perspective: The price has previously surged with strong bullish candlesticks, but current bullish momentum has slowed. The candlestick bodies are gradually narrowing, with some periods showing upper shadows, indicating selling pressure above, and the pace of price increase is slowing down. Maintain a bullish tone, prioritizing waiting for a retracement to find support levels for long positions.
Bitcoin: Buy at 116000-116500, target at 118000-118500, long-term target 120000
Ethereum: Buy near 2900-2980, target at 3100