In this 24-hour wealth grinder, living long is not based on luck, but on ironclad discipline—controlling your positions is like controlling your life, maintaining rationality is more important than any technical analysis. The market will always present new opportunities, but your principal will not come back. Many double their investment in a year, but those who achieve stable profits over three years are rare; this is the cruel truth: the contract market rewards discipline, not intelligence; it eliminates not the novices, but the ones who lose control. In the afternoon, the bulls surged strongly, and the price stabilized and rose from 94000 to around 95500 again. Our morning long positions also took profit near 94100, and we are now watching the market with no positions, not expecting the bullish momentum to remain strong. Currently, the price has reached around 95200.
From the hourly chart perspective, looking at the BOLL indicator, the price briefly tested the upper band but failed to hold effectively, indicating strong resistance at the upper band. In the KDJ indicator, the J value has exceeded 100 and entered the overbought zone, and the three lines are showing a dead cross trend, suggesting that the short-term upward momentum may be exhausted, increasing the pressure for a pullback. In terms of the MACD indicator, the growth rate of the red bars is slowing down, and the divergence between the DIF line and the DEA line is narrowing, indicating a weakening of the bulls' strength. Once the DIF line crosses below the DEA line to form a dead cross, it may initiate a downward trend. In summary, the hourly trend of Bitcoin is facing adjustment pressure, and the short-term outlook is bearish.
Bitcoin strategy: Short near 95400, target 93500
Ethereum strategy: Short near 1820, target 1760
