The price comparison trend in the early morning is still relatively in line with expectations. After hitting the low point and stopping at the 114100 line, it surged again, providing a rise of over 1000 points. It once again stood above the 115000 mark, and the suggestion to buy at 114000 was also perfectly validated. The actual profit gained over 1000 points, while Ethereum rose from the low of 4155 to 4239, also providing nearly 100 points. Many times, your inability to hold onto positions only indicates a lack of personal judgment regarding the market, and trading without conviction is destined not to last. Recent records of trades are publicly available, and there is no need for excessive words about strength; it all relies on actual actions to prove it. Continuous efforts are also underway, and you can review earlier blog posts for reference.
From the current market perspective, Bitcoin's trend has returned to the previous high volatility range. After breaking below the 114000 position, it did not continue the decline of short positions. The decline given during the day was intended to pull up, so it has been fluctuating at the bottom until the evening when the market started to rise directly to the vicinity of the previous drop point. However, there is still some pressure to break through the upper high point, as previous attempts to break through 116500 have not succeeded. Therefore, for this wave of rising, we temporarily recognize the pressure as valid and do not anticipate a breakout. On the 4-hour line, Bitcoin reached a short-term high near 115200. In the short term, I believe Bitcoin still needs to undergo a pullback first; we will not look for a breakout here. If it breaks out, then we will make new plans based on the trend. Subsequently, we can take advantage of the pullback to enter new positions.
In the early morning, Bitcoin fluctuated around: 115000-114500, buy directly, target focus on 116500. Ethereum fluctuated around: 4200-4180, buy directly, target focus on 4300$BTC .