When you feel exhausted from holding DAI, it means you're struggling against the market. Bite the bullet and set stop-loss or take-profit orders, and move forward with light positions after timing correctly—this is much more composed than holding through a margin call. Every wave of market trend is waiting for those who understand the importance of “knowing when to let go.” Intraday, the market is a battle between bulls and bears. During the daytime, it shows a slow oscillating upward trend, with the price touching a low of 87504 in the morning and then oscillating slowly around the same level. The lowest point reached was around 89940, with the highest at the moment. Ethereum’s intraday low was around 3022, followed by a rebound to a high of 3177, where it paused. Throughout the day, Lao Chen repeatedly provided ideas for bullish retracements, and the market movements aligned as expected. The short-term bullish positions on Bitcoin and Ethereum laid out in the evening were also precisely executed. If you are still unsure about how to approach long and short positions, or confused about entry timing and exit strategies, consider following Lao Chen for one-on-one guidance. Based on your position, he can help plan and strategize, monitor market trends in real-time, and perhaps this time, your choice will change your current situation.



From the 4-hour technical analysis, the current market shows a typical slow, stepwise oscillating consolidation pattern. The candlestick formations resemble a steady climber taking brief rests at each key resistance level, repeatedly testing and adjusting to digest upward pressure. After breaking through the previous support level, the price did not surge sharply but advanced steadily with 3-4 small bullish candles accompanied by some bearish candles. This gradual upward pattern, combining consolidation and correction, is building a bottom through time and space, repeatedly shaking out short-term profit-taking positions, while also waiting for more fundamental positive signals. This type of movement often indicates the potential for a more sustained medium-term rally in the future. Patience is required, waiting for the market to complete necessary technical corrections before breaking out.

Tonight, Bitcoin can be bought around 89500-89300, with targets first focusing on 91000-92000.

Ethereum can be bought around 3135-3110, with targets first focusing on 3250-3300.
ETH2.13%
BTC1.34%
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