$BTC The fastest arrival is not speed, but persistence; the most stable profit is not gambling, but compound interest; the most dangerous detour is not a steep slope, but a fork in the road; the best opportunity is not a high stake, but balance! Without clear insight, even the strongest market can easily slip by.
Bitcoin showed a slight pullback in the afternoon, with a minimum around 113700 before rebounding, subsequently rebounding to around 115000 where it faced resistance! We suggested a long position in the afternoon at 114021, exiting at 114988! Perfectly capturing over 900 points!
The daily line closed with a small bullish candlestick recovering recent losses, and the second test of yesterday's low support was unsuccessful, leading to a slight rebound. Currently, the candlestick has not experienced a strong volume breakout to break the moving average structure's resistance, and the short-term consolidation trend remains quite clear. From the one-hour level, the market halted its rebound after breaking through the lower Bollinger Band, with a long lower shadow below the bearish candlestick body. The KDJ indicator's three lines have formed a golden cross at this level, suggesting that we can look for rebounds after pullbacks in tonight's operations.
Bitcoin can be bought around 113700-114200, targeting 116000.
Ethereum can be bought around 3600-3630, targeting 3760.