The ups and downs in the crypto world are never the end, but rather a test of perseverance and foresight. The fluctuations of the candlestick charts are like waves crashing on the shore; the frenzy of a bull market fades away, while the silence of a bear market allows true value to settle. Real opportunities are never found in the frenzy of chasing gains, but in your determination to hold onto quality assets when others panic and exit. This morning, the market moved up as expected, with Bitcoin reaching as high as the 93,900 level and Ethereum at the 3,084 level. The early morning target levels were successfully reached. In the Changsheng real trading strategy, we decisively opened long positions when the rebound and trend reversal began yesterday.
Currently, the daily chart shows that the market’s focus is steadily shifting upward. After stabilizing from previous bearish dips, the price has successfully broken through the middle band of the Bollinger Bands, confirming the effectiveness of key support levels and reflecting strong bullish control and upward momentum in this region. Although some technical indicators have reached high levels and the market may face short-term profit-taking and technical correction pressure, the overall upward trend remains intact on a larger time frame, and the bullish sentiment has not significantly weakened. On the four-hour chart, the price has continued to rise after receiving strong support at the bottom, forming a series of solid bullish candles with healthy volume-price action. There are currently no clear reversal signals, such as the evening star, so the short-term trend still has upward inertia. The recommended strategy is to maintain a bullish approach and look for buying opportunities on pullbacks and stabilization.
Follow WeChat Official Account: Changsheng Sees the Trend
Trading Recommendations: Bitcoin: Go long near 92,000, target 95,000
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The ups and downs in the crypto world are never the end, but rather a test of perseverance and foresight. The fluctuations of the candlestick charts are like waves crashing on the shore; the frenzy of a bull market fades away, while the silence of a bear market allows true value to settle. Real opportunities are never found in the frenzy of chasing gains, but in your determination to hold onto quality assets when others panic and exit. This morning, the market moved up as expected, with Bitcoin reaching as high as the 93,900 level and Ethereum at the 3,084 level. The early morning target levels were successfully reached. In the Changsheng real trading strategy, we decisively opened long positions when the rebound and trend reversal began yesterday.
Currently, the daily chart shows that the market’s focus is steadily shifting upward. After stabilizing from previous bearish dips, the price has successfully broken through the middle band of the Bollinger Bands, confirming the effectiveness of key support levels and reflecting strong bullish control and upward momentum in this region. Although some technical indicators have reached high levels and the market may face short-term profit-taking and technical correction pressure, the overall upward trend remains intact on a larger time frame, and the bullish sentiment has not significantly weakened. On the four-hour chart, the price has continued to rise after receiving strong support at the bottom, forming a series of solid bullish candles with healthy volume-price action. There are currently no clear reversal signals, such as the evening star, so the short-term trend still has upward inertia. The recommended strategy is to maintain a bullish approach and look for buying opportunities on pullbacks and stabilization.
Follow WeChat Official Account: Changsheng Sees the Trend
Trading Recommendations:
Bitcoin: Go long near 92,000, target 95,000
Ethereum: Go long near 3,000, target 3,200
$BTC $ETH