Belief is not the encouragement of others, nor the instigation of others, but self-motivation. Countless dreams have died in the mouths of others, and too many hopes have been extinguished in their infancy. People want a different and beautiful future, yet they choose to cope with it rather than give their all.

Wednesday Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions

From the four-hour level observation, Bitcoin has formed a continuous structure of three bullish candles, with prices rising to the mid-band of the Bollinger Bands, and the rebound strength is showing marginal weakness, consistent with earlier daily judgments. If it cannot effectively break through the key resistance zone above, the market may enter a technical correction. It is worth noting that the bullish candle bodies are accompanied by relatively long lower shadows, indicating strong buying support during the correction process, showing that the current trend is still in the established upward channel, and the overall structure has not been damaged, suggesting that prices still have upward momentum in the future.

At the hourly level, prices are exhibiting a volatile trend, but the Bollinger Bands are gradually opening up from a narrow state, which typically indicates that bullish forces are regrouping, and the short-term trend remains predominantly bullish. Combining signals from multiple cycles, the market is expected to extend the upward trend after a brief consolidation.

In terms of operations, it is recommended to maintain the approach of placing long positions after a correction, focusing on the stabilization signals in the support zone, and whether the key resistance level can break out with volume.

Trading Suggestions:
Bitcoin can focus on placing long positions in the 86300-86800 range, targeting around 89000;
Ethereum can focus on placing long positions in the 2880-2910 range, targeting around 3050.
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