#BTC The persimmon field ebbs and flows like the tide, which is a natural principle. What is laughable is that people rush in when it rises and flee in panic when it falls, just like a flock of sheep, showing no independent thought. True investors should be like rocks, unaffected by the rising and falling tides. They understand that the economic cycle is like the changing seasons; after the cold winter, spring will come again. One just needs to wait patiently and not live in constant anxiety. Yesterday, Aunt Da Bing surged to a new high and then significantly retreated. Following this, the market rebounded again, entering a short-term consolidation phase, currently stabilizing around the 118000 line. Last night, Lao Hu suggested a strategy to buy on the dip, and when the price retreated to the 117000 line, he entered the market with Bu Ju Duo Dan, and it rose to the 118000 line in the morning, securing a 900-point gain.
From the hourly technical perspective, the Bollinger Bands are running nearly parallel, with the middle band becoming the core of short-term bullish and bearish contention. The parallel bands usually indicate a decrease in market volatility, with bullish and bearish forces temporarily balanced. As the Bollinger Bands gradually narrow, it is in the accumulation phase before a trend change, indicating that the market may face a directional choice in the short term. Although the MACD value is positive, the DIF line and DEA line are still operating below the zero axis, and the distance between them is small, indicating that while market momentum has somewhat increased, there is a lack of sufficient upward momentum to break the current consolidation pattern. In the afternoon, one can consider buying on dips when the price falls back to key support areas, and consider timing the entry of Bu Ju Duo orders to capture potential rebound opportunities.
Operation Suggestion
Buy Da Bing near 117500, target first at 119500
Buy Yi Tai near 3560, target 3660#ETH