There is no need to be trapped by short-term red and green candlesticks; volatility is the essence of the market, and patience is the foundation of profitability. Protect your principal, hold steady in your understanding, do not be blinded by greed, and do not cut your losses out of fear. Remember that bull and bear markets both have cycles; dormancy during winter is all to welcome the next bloom. Tonight’s market rose to around 87,700, then climbed to about 88,400 before falling back to around 87,500, and rebounded to around 88,600 with oscillations. The daily chart of the second candlestick shows a small bullish candle, and a spike in the early morning touched near 3,000 before quickly retreating. Intraday, the consistent trading strategy of the main contract achieved over 1,713 points of profit! Ethereum’s layout synchronized with the same strategy gained over 86 points of space!

From the daily chart perspective, Bitcoin closed yesterday with a small bullish candle after a bottoming and rebounding pattern, but it has not yet broken through the previous key resistance, indicating a weak rebound correction and not changing the bearish arrangement on the daily level. The four-hour chart shows that the price has broken through the middle band of the Bollinger Bands and formed a short-term “bullish engulfing” reversal pattern. However, after rebounding to around 88,500, it faced resistance again and failed to stabilize above the 89,000 key pressure level, indicating that selling pressure above still exists. Ethereum’s daily chart shows that the price has recovered the critical support at 2,900, forming a double bullish rebound pattern, but it has not broken through the psychological barrier of 3,000. On the four-hour chart, the price broke through the 2,930 resistance level, the Bollinger Bands began to tighten, and the MACD formed a golden cross, but the red momentum bars are weak, and the rebound strength is constrained by selling pressure above 3,000.

Overall, it is recommended to establish short positions at the high rebound during the early morning hours.

Trading suggestions:

Main contract around 88,800, target at 86,000
Second contract around 3,000, target at 2,700

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