Today's market is quite easy to grasp. The Bitcoin price quickly stabilized after dipping to a low of 110,811 points in the morning and then oscillated upward to a high of 113,318 points in the afternoon, with an intraday volatility of 2,500 points. Jin Lin led the students to capture over 1,600 points of profit. The current market is actually not difficult to navigate; as long as one is not overly stubborn, making a profit is not too hard.
The daily chart for Bitcoin has shown a continuous upward trend with consecutive bullish candles, continuously recovering from previous losses. From the comparative performance, it is constantly challenging the middle band of the Bollinger Bands, and whether it can start a new round of strong market conditions will depend on the effectiveness of breaking through the key level of 116,000. However, in the short term, there is still upward momentum, and it is recommended to follow the trend and maintain a bullish outlook. The daily chart for Ethereum remains in a bullish trend, consistent with recent assessments. Although there was a quick pullback early yesterday, it was immediately followed by a strong rebound, and as of now, it has completely recovered the pullback space from yesterday. The daily comparative performance is still stable above the middle band of the Bollinger Bands, showing strong overall performance. It is recommended to focus on buying on dips, but it should be noted that its volatility is relatively large, requiring higher precision for entry points. One could first pay attention to the support during the pullback process and then look for opportunities to place buy orders. In the evening, Bitcoin is expected to reach around 114,000, while Ethereum is expected to reach around 4,680.