$BTC K-line fluctuations are like breathing; chasing highs and cutting losses are common. Be patient and wait for the trend; do not be disturbed by the numbers. Stay calm during declines and keep your heart steady during rises; trading is about reconciling with oneself. There is no eternal bear market; the difficulties will pass. Hold on with composure; the market will come. From the intraday trend, Bitcoin shows a pattern of 'finding a bottom and rebounding + consolidating'. It hit a low of 116492 in the morning and stabilized, indicating strong support at that level, then rebounded to a high of 119730, showing some selling pressure above. In the evening, it fell back to 117830 and then rebounded again to around 119200, indicating that both bulls and bears are in a stalemate. Ethereum shows a strong upward trend, oscillating up from a low of 3682, with a highest point of 3859 in the evening before consolidating, overall performing better than Bitcoin. This trend indicates that there is strong buying power for Ethereum in the short term, with bulls in control.
In the short term, the support at 116492 is effective; if this position can be held, there is a hope to continue pushing towards 119730 and above; if it breaks, then attention should be paid to stronger support below. The intraday 'three longs and one short' made a profit of 4114 points, reflecting the many trading opportunities present in short-term fluctuations; caution is needed regarding the pullback risk brought by high-level consolidation. The short-term support for Ethereum can be focused around 3800; if it can stabilize, there is hope to continue the upward trend and challenge higher points; if it falls below this support, it may enter a short-term adjustment. The intraday 'three longs and one short' achieved a profit of 177 points, showing the effectiveness of trend-following trading in a unilateral market, and attention should be paid to whether the upward momentum continues. Bitcoin shows a slightly stronger short-term consolidation, while Ethereum clearly has a unilateral upward trend, with overall market sentiment leaning towards positivity.
Bitcoin suggestions: Buy near the pullback of 117500-117800, target 119500; otherwise, sell.
Ethereum suggestions: Buy if it stabilizes around 3800, target 3900-3950, stop loss at 3780, and manage risk while following the trend.
