$BTC The fluctuations in the cryptocurrency market are normal; remain steady like a rock to navigate smoothly. Do not let short-term volatility disrupt your rhythm; enduring solitude allows one to safeguard prosperity. This morning, the price of Bitcoin peaked at 116700 before retreating, dropping to around 116300. Afterward, the price fluctuated upwards, rising to the 116900 range for trading. It is currently stable around the 116800 line. Ethereum experienced a strong rebound after hitting a low of 3878 this morning, climbing to a high of 3968. The price then fluctuated downwards and is presently stable around 3920. Teacher Dabao has guided students in placing short positions, achieving a gain of 700 points in Bitcoin and 40 points in Ethereum.

From the 4-hour perspective, the cryptocurrency price has recently been operating within the Bollinger Bands channel. The middle band provides certain support, and after reaching the upper band, the price has retreated, currently positioned between the middle and upper bands, indicating a strong bullish trend overall in the short term. However, attention is needed for selling pressure and signs of pullbacks. The MACD lines have formed a golden cross and continue to rise, suggesting that short-term bullish momentum is being released. The hourly level shows a short-term state of consolidation; the MACD has formed a death cross, indicating that bearish momentum is being released. This evening, we can operate around a low buy strategy, ensuring profit-taking and stop-loss measures to guard against price volatility risks.

Bitcoin: Buy near 116300, target at 118000

Ethereum: Buy near 3880, target at 3960 #比特币流动性危机