Waterfall-style impact, where should the bulls go?
Bitcoin experienced a significant pullback around 3 PM today, dipping to the 74400 level to establish a bottom and rebounding. The price rose above the 80000 mark during the day, reaching a peak of 81200 before facing resistance and falling back. The price has once again declined below the 80k mark and is currently consolidating around 78500 with mixed buy and sell signals. Looking at the four-hour chart, the KDJ three lines are turning upwards, and the MACD bullish energy bars are signaling increased volume. In the short term, there may still be a need for another pullback to establish a bottom before a rebound, maintaining a strategy focused on buying during pullbacks. Ethereum saw a minimum adjustment to around 1410 during the day and has rebounded, with the current highest price breaking the 1638 level, quickly pulling back. The price also fell below the 1600 mark, adjusting to around 1535 before rebounding again. The current overall trend is consistent with Bitcoin, but relatively, Ethereum appears weaker. After the market's major adjustment, it will also trend higher, and the same view of maintaining a buy strategy during pullbacks applies. For consultation on market trends, btc0297
Bitcoin trading advice: Enter long positions around 78300-77800. Target: 80500-80000. Risk control: 77300
Ethereum trading advice: Enter long positions around 1540-1500. Target: 1640-1600. Risk control: 1450