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The sideways consolidation of #数字货币市场回升 is actually the market accumulating strength. Those who truly understand know that only by enduring the agony of the volatility period can they qualify to reap the big profits later.
The market movement early this morning was quite interesting—after the price surged to 91843, it began to pull back, finally stabilizing around 91114 with some fluctuation. ETH is similar, after touching 3044, it cooled off and is now hovering around 3003. For those who went long this morning, this wave should have already locked in some profits.
Let's take a look at what the technical chart says: the four-hour candlestick chart shows two bearish candles that engulf the previous bullish candle, but the price center is still moving upwards, and the trading volume is quite solid. The MACD has been climbing up after a golden cross below the zero line, indicating that the bulls still hold the initiative. Looking at the one-hour chart, the price retraced after hitting the previous high, the three lines of the Bollinger Bands are tightly consolidated, and the RSI is fluctuating between 50 and 60—this kind of divergence in volume and price often represents a correction phase before the trend continues upwards.
My idea in terms of operation is to buy on dips:
Bitcoin can be considered for entry in the range of 91000-90500, with the initial target at 92500, and then at 93000.
The position of Ethereum around 3000-3020, with the target set near 3100.
The market is grinding, but the direction hasn't changed.