On this smoke-free battlefield of the cryptocurrency world, every fluctuation of the K-line is like the pulse of fate, with rises and falls tugging at countless people's nerves. During surges, we once fantasized about the dawn of financial freedom; during crashes, it felt like falling into a dark abyss. But remember, the tides of the market never stop flowing due to a single retreat; a brief low is merely a buildup of strength for the next climb. Just as spring must follow the cold winter, every fluctuation in the cryptocurrency market is an opportunity to reshape the landscape. Don't let temporary gains and losses blind your eyes; maintain a steady mindset and view the ups and downs from a long-term perspective. Those nights spent enduring and the pressures faced will ultimately become your strongest armor in this game, while the dawn's light is often hidden around the next corner that you grit your teeth and persist through.
The price rose sharply from the midday low of 107172, peaking at 108504, forming a resistance level. Subsequently, the price began to retreat, currently running around 107900. The trend of Ethereum is consistent with Bitcoin, rising from the midday low of 2426 to a high of 2463, then retreating, with the current price around 2440.
Current prices are stabilizing at key moving averages; on the 15-minute level, prices are rebounding based on the moving averages. Although there are fluctuations, the overall trend remains intact. The Bollinger Bands' mid-to-long-term channel is inclined upwards, indicating that the overall direction still has upward momentum. The KDJ indicator shows signs of turning upwards, suggesting that short-term bullish strength is accumulating. Additionally, geopolitical risk aversion and institutional buying are providing fundamental support for the rise. If key support can be maintained, there is hope for further upward expansion.
Bitcoin strategy: Buy around 107300, target 108900
Ethereum strategy: Buy around 2400, target 2500
