#比特币对比代币化黄金 Loss has never been the end—it’s actually the market giving you a chance to adjust your direction. Those traders who can stay calm, avoid being hijacked by emotions, and stick to disciplined execution will eventually make it to the profitable side.

Looking back at yesterday’s market: Bitcoin rebounded from around 89,000 in the morning, and just as it was about to break toward the 92,262 high, the US stock market opened and sent it plunging straight down, finally stopping at 89,553. Ethereum performed similarly, rebounding from a low of 3,010 to 3,179, but then experienced a second round of bottom testing in the evening, finally stabilizing around 3,066. Our short positions taken at the bottom yesterday evening matched the market rhythm perfectly—Bitcoin successfully captured 1,634 points in this move, and Ethereum gained 39 points.

Switching to the hourly chart, after Bitcoin broke below the middle Bollinger Band the day before yesterday, it quickly rebounded, forming three consecutive bullish candles from midnight to morning, showing strong rebound momentum. Then, after technical correction to the downside, two bearish candles appeared, bringing the price back to around 90,000 for minor consolidation. The bottom support here did not disappoint, with candlesticks repeatedly forming long lower wicks, indicating that the selling pressure is weakening and the downward momentum isn’t as fierce as before. In this setup, the characteristics of weak consolidation are very clear, making it unlikely to see a much deeper drop in the short term.

Therefore, this morning’s trading strategy focuses on going long at lower levels.

Trade references:
• Buy Bitcoin on dips around 90,500, targeting the 92,500 area
• Go long on Ethereum around 3,100, targeting the 3,200 area

$BTC $ETH