$BTC In the cryptocurrency market, every fluctuation of the market is a test of faith and courage. Some get lost in the ups and downs, while true strong individuals can hold firm in adversity. Remember, the crypto market is not a casino, but a game full of wisdom and strategy. Opportunities are not lacking here; what is lacking is the discerning eye to discover value and the determination to hold on until the end. Don't be swayed by momentary rises and falls; be like a seasoned hunter, patiently waiting for the best opportunity. On the long road of the crypto market, maintain calmness and rationality, continue to learn, enhance your understanding, and let knowledge safeguard your wealth. As long as you hold onto your dreams and forge ahead, you will eventually reap your own success in this field full of opportunities. The market trend is as predicted in the previous analysis, maintaining an overall range-bound fluctuation pattern. Bitcoin fluctuates repeatedly within the 117,000-118,000 range, and Ethereum shows a similar oscillation trend. Xiao Ge has previously clearly suggested that friends adopt a high-sell low-buy operational strategy, and Xiao Ge's predictions highly align with the actual market trends. Xiao Ge accurately placed a long position in Bitcoin at the 117,000 level and took profit at 117,800, successfully capturing an 800-point space; simultaneously, a long position in Ethereum was established at 2,933, and profit was taken at 2,959, securing a steady gain of 26 points.
From the 4-hour K-line chart, the recent market shows a typical consolidation pattern. The two trading sessions over the weekend are particularly evident, with K-line bodies alternating between small bearish and bullish patterns, and the price fluctuations in each trading period are quite limited. The lengths of these K-line bars are noticeably shorter than before, and the upper and lower shadows are also relatively converged. The previous operational strategy can continue to be maintained: for the short term, high-sell low-buy can be conducted between support and resistance levels.
Bitcoin: Short near 107,800-108,200, short-term target 106,800
Ethereum: Short near 2,980, short-term target 2,920