$BTC In the morning, the coin price hit a low of 116492 and then stabilized and rebounded, reaching a high of 119730. In the evening, the price fell back to around 117830 before rebounding again to around 119200 for consolidation. Ethereum showed a one-sided upward trend during the day, oscillating upward from the low of 3682, and after reaching a high of 3859 in the evening, it consolidated. The day’s Bitcoin 'three longs and one short' gained a profit of 4114 points, while Ethereum's 'three longs and one short' achieved a profit of 177 points.
From the day's trend, Bitcoin shows a pattern of 'bottoming out and rebounding + oscillation consolidation.' After hitting a low of 116492 in the morning and stabilizing, it rebounded to a high of 119730, indicating some selling pressure above. In the evening, after falling to 117830, it rebounded again to around 119200 for consolidation, indicating that both bulls and bears are in a stalemate. Ethereum showed a one-sided upward trend during the day, oscillating upward from the low of 3682, and after reaching a high of 3859 in the evening, it consolidated, overall performing better than Bitcoin. This trend indicates that there is strong buying power for Ethereum in the short term, with bulls dominating.
In the short term, the support at 116492 is effective; if this position can be held, it is likely to continue challenging 119730 and higher. If it breaks below, then stronger support levels below need to be monitored. The day’s 'three longs and one short' made a profit of 4114 points, reflecting that there are many trading opportunities in short-term fluctuations, but one must be cautious of the pullback risks brought by high-level oscillation. For Ethereum, the short-term support can be monitored at around 3800; if it stabilizes, it is likely to continue the upward trend and challenge higher levels; if it falls and breaks this support, it may enter a short-term adjustment. The day's 'three longs and one short' achieved a profit of 177 points, demonstrating the effectiveness of trend-following trading in a one-sided market, and attention must be paid to whether the upward momentum continues. Bitcoin shows a strong short-term oscillation, while Ethereum's trend is clearly upward, with overall market sentiment leaning towards positivity.
The red and green fluctuations of the candlestick charts are merely the market's breath. The chase for rising prices and the rebound after cutting losses are all part of the norm—patience will provide you with answers, and the oscillation will eventually reveal the trend. Don’t let numbers dictate your emotions; the torment of staring at the screen late at night and the dedication to reviewing trades are quietly becoming your intuition. Stay calm during drops and hold your heart steady during rises; the essence of trading is reconciling with your own greed and fear. The end of a wave is the beginning of another; there is no eternal bear market in the crypto world, and there are no insurmountable obstacles in life. Hold your positions tightly, and more importantly, hold your composure; the market that is meant to come will always arrive.
Bitcoin suggestion: Consider going long if it pulls back to around 117500-117800, with a target of 119500; otherwise, consider shorting.
Ethereum suggestion: If it stabilizes around 3750, consider going long, with a target of 3900-3950 and a stop-loss at 3780, while managing risk effectively.



