During the market crash of $BTC , fear engulfed everyone, and many rushed to cut losses in panic, only to fall before dawn. However, those investors with a calm mindset could analyze the market rationally and seize the opportunity to buy at low prices. They understand that the rise and fall in the cryptocurrency market is normal; a temporary decline does not signify permanent failure. Similarly, during a market surge, some are blinded by greed, blindly chasing highs, and ultimately get trapped at the peak. True experts maintain clarity amid the frenzy, set reasonable profit-taking levels, and secure their gains. In the early morning, the Bitcoin market showed a fluctuating upward trend. The price gradually rose from a low point near 112625, continuously probing higher, reaching a peak near 113947 before the upward momentum temporarily stalled. In contrast, Ethereum's market trend was completely different; after retreating to a low point near 3544 in the morning, Ethereum stabilized and showed a slight rebound, with the highest point reaching around 3610.
From the current market observation, the four-hour level shows a steady upward trend, with prices gradually approaching the upper Bollinger Band. Although there was a slight bearish pullback during this period, it was weak and failed to reverse the overall upward trend. Currently, bullish momentum continues to release, with the trend clearly dominated by bulls. Looking at the one-hour level, the market encountered upward pressure after two consecutive bullish candles and experienced a pullback. However, the Bollinger Band maintains an upward opening shape, the middle line is moving up simultaneously, and the MACD indicator's dual lines formed a golden cross and continue to extend upward, reinforcing bullish signals. Overall, the morning operation suggests a low-buy strategy after the pullback.
Bitcoin suggestion: Buy around 113500-114000 with a target of 116400.
Ethereum suggestion: Buy around 3600 with a target of 3650-3680.
