$BTC Just entered the cryptocurrency world, looking at the red and green candlestick charts, my mood feels like riding a roller coaster. When it rises, I’m so excited that I want to go all in immediately; when it falls, I panic and want to cut my losses right away. It’s like a beginner learning to swim; just a slight wave makes me want to get back on shore. Remember, every price fluctuation is the market testing you, don’t rush to submit your answers, think more before making a decision.
Around noon, after the price stabilized at the 121,000 level, it steadily rose to around 121,500, showing signs of stabilization. Immediately after, Bitcoin, riding on this upward momentum, surged strongly, breaking through the significant 122,000 level, but after a brief peak, it retreated, adjusting to around 121,200 for some consolidation. After a round of adjustment and repair, it rebounded again, and the current price has stabilized at around 121,700, maintaining steady operation. Meanwhile, Ethereum, after reaching a high of 4,350, began to face significant selling pressure, and the price subsequently fell to a low point of 4,253, but quickly found support at that position and stabilized. Currently, Ethereum is around 4,280, showing a relatively stable operational trend. At noon, the practical guidance students entered the market at 121,624 and exited at 122,271, securing a profit of 600 points, while entering Ethereum at 4,294 and exiting at 4,338 also yielded a profit of 40 points.
From the 4-hour candlestick chart, most candlesticks are predominantly bullish, with relatively long bodies, indicating sustained upward pressure from buyers. The most recent candlestick, while having an upper shadow, still closed at a relatively high position, indicating that buyers have some control at higher levels. The Bollinger Bands are expanding, the MACD indicator shows clear bullish signals, and the candlestick pattern shows a series of rising bullish candlesticks, all proving that there is further upward momentum in the short term. From the 1-hour level, the current price is in a bullish trend but facing resistance and retreating; indicators like Bollinger Bands and MACD show that there is a need for short-term consolidation. In the afternoon, we can still focus on low buying strategies.
Buy Bitcoin around 121,000, targeting 123,000.
Buy Ethereum around 4,250, targeting 4,350.
