$BTC Waiting for the moment to open my eyes, the K-line surges, marking a new beginning! The choice at this moment is not related to bullish or bearish fluctuations. Fluctuations are the pulse of the cryptocurrency world; if anchored by determination and steered by wise guidance, one can carve out their own life scale amidst the waves. Don't be sour; there are no permanent missed opportunities in this world, nor are there any unbreakable traps. On Tuesday evening, Bitcoin continued to oscillate within a small range, with prices rebounding to a peak of 110817 before facing pressure and retreating. Close to midnight, the price hit a low of 109350 before stopping and rebounding. Ethereum's evening market showed a trend of oscillating upward, with the price gradually rising from a low of 4405 to a high of 4579.
From the current market perspective, the price ratio has continued to oscillate near previous low points after a retreat, showing a buildup of momentum, indicating that upward pressure still exists, but the downward space is limited, making blind positioning unwise at this moment. This pattern fits the characteristics of a market correction phase. Currently, the trading range is gradually narrowing; the short-term moving averages have basically aligned and flattened, suggesting that the short-term will likely continue to exhibit an oscillating pattern. On smaller time frames, after a series of oscillations and consolidations, the technical patterns are gradually recovering, and there is still a certain possibility for a short-term rebound. The bulls and bears are in a tug-of-war, and there are no signals for a bilateral market yet. In terms of operations, it is recommended to maintain a strategy of buying on dips cautiously.
For Bitcoin, consider direct buys around 110500-111100, looking up to 113000. For Ethereum, consider direct buys around 4500-4550, looking up to 4650.
From the current market perspective, the price ratio has continued to oscillate near previous low points after a retreat, showing a buildup of momentum, indicating that upward pressure still exists, but the downward space is limited, making blind positioning unwise at this moment. This pattern fits the characteristics of a market correction phase. Currently, the trading range is gradually narrowing; the short-term moving averages have basically aligned and flattened, suggesting that the short-term will likely continue to exhibit an oscillating pattern. On smaller time frames, after a series of oscillations and consolidations, the technical patterns are gradually recovering, and there is still a certain possibility for a short-term rebound. The bulls and bears are in a tug-of-war, and there are no signals for a bilateral market yet. In terms of operations, it is recommended to maintain a strategy of buying on dips cautiously.
For Bitcoin, consider direct buys around 110500-111100, looking up to 113000. For Ethereum, consider direct buys around 4500-4550, looking up to 4650.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
111,352.85
-0.69%