After every storm, a clearer sky will come. Every bit of your persistence is a steadfast belief in the future. Do not be afraid of temporary pullbacks; they are the market filtering out real value for us. The Bitcoin market didn’t move out of a large range from early Saturday morning to the morning, with prices peaking at around 103796 in the early hours before facing pressure, until the morning when prices fell back to around 102903, stopping there, and the market then oscillated around this range. The Ethereum market is similar, with prices continuously oscillating and consolidating between the high point of 2437 and the low point of 2381.
According to the current market outlook, the four-hour level shows the market is alternating between small declines and small increases, with prices continuing to consolidate above the lower Bollinger Band. The market is interspersed with both long and short positions but has not moved out of a larger range. Given that the overall market has entered a phase of oscillation and consolidation, coupled with the smaller volatility base on Saturday and the weekend, the time for horizontal consolidation will be extended. From the one-hour level, the market is also alternating between small declines and small increases, with the MACD indicator's fast and slow lines gradually converging below the 0 axis, and the KDJ indicator's three line values all around 50, indicating a state of deadlock between bullish and bearish forces. Therefore, in terms of operations, we can capture high and low points around the oscillation range and approach with the mindset of shorting high and buying low.
Buy Bitcoin around 102500, target 104500.
Buy Ethereum around 2400, target 2500.
