$BTC The market never lacks opportunities, but what is lacking is the ability to accurately capture trends. On Monday evening, after the Bitcoin price retraced to a low of 119345, it stopped falling and rebounded; by midnight, it had reached a high of 120799. During the same period, the Ethereum price showed a similar trend, stabilizing and recovering after a pullback to a low of 4164, with the current high touching 4370. Jinlin followed the trend, arranging two Bitcoin positions and three Ethereum positions for real account members, successfully capturing a space of 3934 points for Bitcoin and 325 points for Ethereum. In the face of trends, choosing is more important than effort; stepping to the right rhythm allows for steady profits amidst fluctuations, and we are always at the forefront of trends.
From the current perspective, in the four-hour timeframe, the market shows signs of stopping after a three consecutive bearish candle retracement, with prices warming up and bearish momentum significantly decreasing, and some indicators also displaying positive signals. This indicates that the short-term market's pullback after reaching a peak is relatively limited, and the overall structure still leans toward bullish; the pullback is merely a corrective action in the upward process. Looking at the one-hour timeframe, the market has formed a series of four consecutive bullish candles, gradually recovering losses. Although there is some selling pressure on the middle line of the Bollinger Bands, the overall trend remains unaffected, still maintaining a slow and steady upward rhythm, just with a relatively gentle speed. In summary, the operation suggestion for midnight continues with the low bullish mindset unchanged.
Tuesday early morning thoughts: Bitcoin 119000-119400 bullish, watch around 112000.
Tuesday early morning thoughts: Ethereum 4220-4260 bullish, watch 4400.