$BTC investment is not about bricks drying quickly, but about avoiding major mistakes. The market rewards long-term thinkers and punishes short-term speculators. Wealth is not created overnight, but accumulated through persistence every day. On Wednesday, Bitcoin's market fell to a low of around 112500 in the morning before rebounding, reaching a high of around 113805 by midday before retreating. Ethereum’s market similarly saw its price drop to a low of around 4060 in the morning before rebounding, and as of now, the price has reached a high of around 4211.
Examining the short-term trend, Bitcoin's rebound is weak, and the bearish pattern is obvious, facing significant resistance above. Even if a rebound occurs, a significant breakthrough is difficult to achieve. Ethereum is also constrained by high-resistance areas, indicating that bearish forces still dominate. The trading strategy for the day suggests paying close attention to pressure after the rebound meets resistance and further downward opportunities after a weak rebound. The strategy should remain flexible; if resistance levels hold, one can consider entering short positions and wait for a pullback. If low levels find support, one can consider long positions to catch a rebound, maintaining a range-bound trading mindset. The market is ever-changing; if a breakout occurs, adjust the strategy in a timely manner. Currently, it's advisable to observe the strength of the price rebound before deciding to follow up with short positions.
Buy Bitcoin around 113000, target 114500-115000.
Buy Ethereum around 4150, target 4300.