In the ups and downs of crypto K-lines, there is never a forever smooth path, nor an eternal low point. The frenzy of the bull market will eventually fade, and the gloom of the bear market will also dissipate. Those who can truly weather the cycles are never luck-favored gamblers, but long-termists who stick to their original intention. Bitcoin's intraday rebound failed to break through the 93,000 mark and started to fall under pressure; currently, the price has returned to oscillate around 91,100. Ethereum’s intraday rebound hit a high of 3,191 before coming under pressure and pulling back; now the price has moved back to oscillate around 3,120.

From the 4-hour technical perspective, although the market saw a pullback in the afternoon, the Bollinger Bands did not widen due to the decline; instead, they continued to steadily narrow—this indicates that the current adjustment is a typical technical consolidation, aiming to clear out weak hands and build a foundation for the next round of strong rally. More importantly, the MACD double lines are still running stably in the strong area above the zero axis, indicating that the bullish trend remains solid. Although there is a slight increase in short-term selling momentum bars, the J value in the KDJ indicator has already entered the oversold zone, reflecting that bearish sentiment has reached an extreme. When things reach an extreme, they reverse—a strong rebound is just around the corner. For tonight’s operations, the strategy is clear: continue to firmly focus on long positions and hold for gains.

Follow the official account: Changsheng Sees Trends

Trading suggestions:
Bitcoin: Go long near 90,000, target 93,000

Ethereum: Go long near 3,050, target 3,300

$BTC $ETH