No matter what the market conditions are, don’t try to catch every fluctuation while you’re trading. Only make money from what you can understand. The market is like the tide—rises and falls always follow their own rules and signs. Wait patiently for the opportunity that belongs to you. After Big Pie touched the low at 73669 yesterday, it has displayed strong momentum for a bottoming rebound; it climbed upward from the low point all the way, and in this morning it directly returned to the previous high of 76000. The bears did not get what they wanted in terms of continuing the downside; whatever way it went down, it’s being pulled back up the same way. In this kind of market environment’s “lantern design,” we continue to follow the long side. The Bitcoin and Ethereum laid out in the early morning captured 1800 points and 70 points of space, respectively. Execution matters more than perfect analysis—get on first, then add tickets, but don’t board the wrong train. If you still can’t find a “profit oil” method that suits you in this circle, then following Lao Chen’s layout guidance may be your only shortcut.



From the daily timeframe, the technicals have formed a trend of upward recovery: the daily chart has stopped falling and stabilized, forming a rebound wave within what had been a downward-wave structure. This week, we can still treat it with the idea of buying on pullbacks. Before an obvious reversal structure is formed, enter steadily with the approach of pulling back and then going long. On the four-hour timeframe, after a surge and then a drop back, the coin price is also supported by short-term support below, showing signs of stabilizing and rebounding. In terms of the pattern, it forms a doji bearish K-candle, and bearish continuation is even weaker. The bulls have rebounded upward again, and today is very likely to follow a rhythm of a slow, corrective rebound: one step and then a pause, but even though it’s slow, it isn’t weakness in the bull side—it’s a rising-upward consolidation, a squeeze-forced slow grind higher that pushes the market upward.

Trading suggestions:
In the morning, Bitcoin 75500-75300 can be bought long, with a target to watch at 76500.
Ethereum 2300-2280 can be bought long, with a target to watch at 2400.
BTC1,78%
ETH1,31%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin