$BTC Cryptocurrency Survival: Rationality as the Foundation, Seeking Opportunities Amidst Fluctuations

To maintain a long-term presence in the cryptocurrency market, the core lies in the ability to navigate market volatility—rational judgment as the anchor, continuous learning as the wings, and risk control as the shield. Do not blindly expand at the peak of a bull market, and do not fall into despair at the trough of a bear market; only then can one proceed steadily and far.

On Friday, the market showed a tug-of-war between bulls and bears. Bitcoin continued the rebound momentum from midnight in the morning, reaching a high point of 117406 before coming under pressure and falling back, with the evening low dipping to 116368 before stabilizing; Ethereum maintained a one-sided downward structure, continuously declining to near the 4500 mark during the day, and then entering a slow correction phase.

From the current market situation, the small-scale technical indicators have completed their repair, but the slow downward trend has not changed, bringing some confusion to short-term directional judgments. The bears have not formed a weak close, and the short-term is in a state of suppression. The four-hour level shows that the pace of the market decline is slowing, with expectations of stabilization followed by a rebound, and the Bollinger Bands are skewed upwards, indicating a short-term phase of consolidation waiting for a breakout. In terms of operations, the short-term support point is around the mid-track 115500, while the low point adjustment from the end of last week at 104500 serves as strong support.

Bitcoin can establish long positions in the range of 116000-115500, targeting around 117500.

Ethereum can enter long positions in the range of 4500-4470, targeting around 4600 #美联储重启降息步伐 .