After every storm, a clearer sky will follow. Every bit of your perseverance is a testament to your belief in the future. Do not fear temporary pullbacks; they are the market's way of filtering out true value for us. The Bitcoin market did not move out of a larger range from early Saturday morning until the morning, with the price reaching a high of around 103,796 in the early hours and then facing pressure, until it fell back to a low of around 102,903 in the morning, at which point it stopped, and subsequently the market oscillated around this range. The Ethereum market also showed similar behavior, oscillating and consolidating between the high of around 2,437 and the low of around 2,381.
From the current market perspective, the four-hour level shows alternating small bearish and bullish movements, with prices continuously consolidating above the lower Bollinger Band. The market is interspersed between bullish and bearish signals but has not moved out of a larger range. Given that the overall market has entered a phase of consolidation and that the volatility base for the weekend is relatively small, the time for sideways consolidation will be extended. From the hourly level, the market also exhibits alternating small bearish and bullish movements. The MACD indicator's fast and slow lines are gradually converging below the zero axis, while the KDJ indicator's three line values are around 50, indicating a stalemate between bullish and bearish forces in the market. Therefore, in terms of operations, we can capture highs and lows around the consolidation range and proceed with a strategy of selling high and buying low.
Buy Bitcoin around 102,500, target 104,500.
Buy Ethereum around 2,400, target 2,500.
