The lows you’ve endured and the pitfalls you’ve navigated will eventually become your armor; the knowledge you’ve accumulated and your commitment to long-termism will ultimately bring you pleasant surprises as the cycles rotate. Stay steady, respect risk—you don’t need to chase the market, because real opportunities always belong to those who survive long enough. Today, BTC has already broken above the 94,000 level twice. Although there were pullbacks afterward, it never dropped below, always staying above the 92,500 level. Looking at the overall trend, there isn’t much room to the downside. The strategy for tonight remains unchanged: focus on buying the dips, with resistance to watch around the 95,000 level.

On the four-hour chart, BTC is showing a slightly bullish consolidation, with prices still moving within the ascending channel. The price oscillates around the short-term moving average but has not broken key support, indicating steady buying interest below. Currently, the candlesticks are consolidating at high levels, and both bulls and bears are in a brief tug-of-war, but the overall structure remains intact and the bullish trend is still dominant. As long as the price does not break below the current moving average support, there’s still potential for another move toward the highs. On the one-hour chart, the market is narrowly consolidating, with the price repeatedly testing around the middle band of the Bollinger Bands. Although there have been short-term pullbacks, the bearish candles are limited in size, showing clear signs of bullish defense. Even though both the RSI and KDJ indicators are hovering in low areas, they haven’t formed an accelerated downward structure, indicating that bearish momentum is relatively weak. Unless there’s a continuous surge in selling, the current trend suggests a consolidation phase in preparation for an upward move.

Follow public account: Changsheng Looks at Trends

Trading suggestions:
BTC: Buy around 92,500, target 96,000

ETH: Buy around 3,100, target 3,400

$BTC $ETH