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#美国核心物价涨幅不及市场预估 $BTC Your wealth and mine, simply put, is your level of understanding of the world. Expand your circle of cognition, understand how the market cycles, and avoid being disturbed by trivial daily matters, so you can wait for the moment when the tide turns.
This early morning, the market saw Bitcoin drop from the high of 97047 all the way down, bottoming out at 95080 before rebounding. Ethereum followed its big brother’s steps, also falling from the high, stopping at 3266, then pushing upward together.
What is the current market situation? The bullish pattern is still there, but it’s undergoing consolidation. This retracement is actually very normal, as it’s digesting the previous gains. The next phase should see a slow upward trend, and the strong bullish pattern remains unchanged.
On the four-hour chart, the price surged above the upper Bollinger Band and then pulled back, finding support near the middle band. It didn’t continue to fall below but instead moved upward. Although the moving averages are still consolidating and spreading out, indicating short-term volatility, this correction didn’t even touch the middle band, showing that the bullish strength is still very sufficient. This morning, follow this logic — buy on dips.
Trading strategy:
Buy Bitcoin around 95,000, watch if it can break above 97,000
Buy Ethereum around 3,280, target 3,400