Bitcoin/Ethereum has been oscillating at this position for several days, with weak continuation of both long and short positions. After multiple bottoms, there is a chance to form bottom support. In fact, during such oscillating markets over the weekend, just a bit more patience is needed; regardless of long or short positions, there will be profits. The concern is frequent stop-loss operations. Currently, Bitcoin and Ethereum on the daily chart have also repeatedly repaired after several downward spikes, forming a rounded bottom. The probability of a significant increase following this formation is very high, so pay attention to the bottom support of the entity K-line. The hourly and four-hour charts have also started to resonate and rise. The rise from the rounded bottom shape will not happen all at once; it will show a process of oscillating and rising. Once it breaks through the 98000 line, the path ahead will be clear.
In terms of Bitcoin/Ethereum K-line patterns, the recent price has fluctuated in the range of 95000 to 98000 and 2550 to 2700, forming a narrow oscillating consolidation pattern. On the daily K-line, multiple small bullish and bearish lines are alternating, indicating that the market temporarily lacks a clear direction. In technical indicators on the 4-hour cycle, both DIF and DEA are negative, but the MACD histogram is gradually shortening, indicating that the downward momentum is weakening and may turn around.
Operationally, Liangqiu suggests entering long positions for Bitcoin around 96500 to 97000, with a target near 99000; for Ethereum, enter long positions around 2600 to 2625, with a target near 2700. In fact, many friends who have been continuously laying out positions recently have clearly seen the profits. Currently, the market is primarily in a wave pattern, and the post has practical effectiveness, with specific real-time guidance as the main focus.
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