#RWA热潮 #BNB创新高 $BTC Reviewing the morning market, the major cryptocurrency first surged and then retreated. After Bitcoin strongly rose to around 120250 in the morning, it began to fall back to a low of 118424. Overall, the morning market is still mainly focused on correction and repair. The real risk has never been the decline itself, but the impulse to be led by panic. Being slow to act and waiting for signals can preserve one's confidence better than rushing to act. The market is not short of opportunities; what is lacking is the composure to remain calm during declines and not to be greedy during rises.

From the latest four-hour chart, the market shows an alternating pattern of large bullish and bearish candles. The price has tested the resistance and support levels multiple times but has never achieved an effective breakthrough, repeatedly oscillating within the range and showing a slow downward trend overall. Currently, the price is operating between the middle band and the lower band of the Bollinger Bands. Based on this pattern, it is expected that the short-term market will continue the oscillating trend, and a rebound can be anticipated. Looking at the shorter period hourly chart, the Bollinger Bands are in a slowly closing state, with the market running below the middle band, and both bulls and bears are engaged in continuous competition. Before a clear direction appears, the short-term will still be mainly oscillating; therefore, the operational strategy for the later period remains focused on buying at lower levels.

On Wednesday afternoon, it is recommended to set long positions in the 117800-118300 range for Bitcoin, targeting 121000.

On Wednesday afternoon, it is recommended to set long positions in the 3650-3680 range for Ethereum, targeting 3800.