Some panic when the market falls, while others chase after it rises, but in the end, everyone is just a sparring partner for the market. Old Cai doesn't pay attention to the excitement, only to the opportunities. While others are swayed by emotions, I remain steady and get on board. Those who profit are never the ones who shout the fastest, but rather those who can maintain their composure and hold their positions. Don't ask me how I judge the direction; I look at the overall pattern, not the Candlestick. The slowest positions often yield the real profits. Keep pace, don't rush, and that's how you win.


From the daily chart, after the price rebound faced resistance, the momentum weakened and the bullish bar turned bearish. The MACD indicator shows a continuous increase in red bars, indicating that the price has not firmly established support. It may further test the lower support at 113000, and if it breaks again, it will test even lower support levels. On the four-hour scale, the Bollinger Bands are continuously narrowing downward. After the price stepped above the middle band of the Bollinger Bands, it has shown a continuous oscillating trend, indicating that the battle between bulls and bears has intensified. From a technical perspective, the RSI for 6, 12, and 24 periods is clustering downward, and the green bars continue to shorten, which directly indicates that the bears are gradually taking control. We will observe the strength of the hourly rebound; if there is an increase in volume, we will maintain a low long position. If it breaks the support, we will take a short position accordingly.
Bitcoin 114000-113700 range, target around 116000;
Ethereum 4200-4170 range, target near 4300. #Gate保险箱上线 #加密市场反弹 #抄底币种推荐
ETH-4,09%
BTC-3,16%
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