$BTC Market trends are always born amidst disagreement and die amidst consensus. When everyone shouts "the bull market is coming," it's often a foreshadowing of risk; when most lament "the bear market isn't over yet," opportunities may be brewing around the corner. The cryptocurrency market is cruel in that it leaves no room for hesitation; but it is also gentle in that every decline is a test, every rebound a gift. There's no need to fight the market or compare yourself to others. Simply ask yourself: do you understand the logic, can you withstand volatility, and are you willing to take responsibility for your choices? In the early morning, the price of Bitcoin hit a low of 114,597 before rebounding to consolidate near 115,100. Ether hit a low of 3,659 in the early morning before rebounding to a high of 3,732, where it is now consolidating. Yunlu's early morning buy strategy is ongoing.
Technically, Bitcoin maintains a short-term bullish structure, with the 1-hour chart showing range-bound fluctuations between 114,500 and 115,500. The MACD lines are converging, awaiting a direction. After ETH stabilized at 3700 on the 1-hour chart, a MACD golden cross appeared. Support levels are 3650/3600, and resistance levels are 3750/3800. Be wary of the potential for a pullback if BTC or ETH falls below 114500 or 3650. The current market is volatile and bullish. It's recommended to hold profits and stop losses, avoid chasing gains, and maintain strict risk management. A low-to-long strategy is recommended.
Bitcoin Recommendation: Hold long positions and partially take profits between 115300 and 115500. For those who haven't entered the market yet, consider a light long position if it stabilizes between 114800 and 115000, with a target of 116500.
Ether Recommendation: Long positions should be phased in at 3720-3750. New positions should be open around 3680-3700, with a target of 3780-3800.
