A true master is not a fortune-teller predicting market trends, but an ordinary person who can maintain discipline amidst noise and stay clear-headed during downturns. Looking back at yesterday, Bitcoin rebounded after dropping from around 93,728 at 0:00 to approximately 91,209, with an early high near 93,825. It then retreated to around 90,700 for consolidation. Ethereum followed a similar pattern, retracing from 3,277 to a low of 3,180, rebounding to near 3,301, then pulling back to around 3,130 for consolidation.
From the current market performance, the support at around 90,500 shows strong and sustained buying strength—whenever the price slightly dips into this area, bulls quickly step in to drive a rebound and repair the trend. Although the overall pattern remains volatile, multiple downward attempts have not resulted in effective breakthroughs, and each pullback has been followed by a rebound, fully confirming the stability of the support below and indicating that the bulls have not completely exited. Based on the previous upward oscillation trend, the short-term market still has momentum for further rebounds. Therefore, the operational strategy can focus on a “buy first, then sell” approach: continue to monitor the rebound rhythm of the bulls in the short term, seize rebound opportunities at support levels; once the rebound momentum gradually weakens and the price reaches key resistance zones, consider positioning for short trades. This strategy allows participation in rebounds using support levels while avoiding blindly chasing longs in a volatile pattern, helping to more steadily capture wave profits.
Trading suggestions: Bitcoin: around 90,500 buy, target 94,000 Ethereum: around 3,080 buy, target 3,300
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Don_tGiveUpUntilThe
· 01-08 06:28
Your completion letter has already been collected on the rooftop.
A true master is not a fortune-teller predicting market trends, but an ordinary person who can maintain discipline amidst noise and stay clear-headed during downturns. Looking back at yesterday, Bitcoin rebounded after dropping from around 93,728 at 0:00 to approximately 91,209, with an early high near 93,825. It then retreated to around 90,700 for consolidation. Ethereum followed a similar pattern, retracing from 3,277 to a low of 3,180, rebounding to near 3,301, then pulling back to around 3,130 for consolidation.
From the current market performance, the support at around 90,500 shows strong and sustained buying strength—whenever the price slightly dips into this area, bulls quickly step in to drive a rebound and repair the trend. Although the overall pattern remains volatile, multiple downward attempts have not resulted in effective breakthroughs, and each pullback has been followed by a rebound, fully confirming the stability of the support below and indicating that the bulls have not completely exited. Based on the previous upward oscillation trend, the short-term market still has momentum for further rebounds. Therefore, the operational strategy can focus on a “buy first, then sell” approach: continue to monitor the rebound rhythm of the bulls in the short term, seize rebound opportunities at support levels; once the rebound momentum gradually weakens and the price reaches key resistance zones, consider positioning for short trades. This strategy allows participation in rebounds using support levels while avoiding blindly chasing longs in a volatile pattern, helping to more steadily capture wave profits.
Trading suggestions:
Bitcoin: around 90,500 buy, target 94,000
Ethereum: around 3,080 buy, target 3,300