#数字资产市场动态 A common saying in the crypto circle is heard most often—hold through the shakeout, maintain your faith, and the sky will clear.



This recent market situation is exactly like that. Bitcoin has been oscillating up and down repeatedly, climbing from 87,833 in the morning to 88,434. Although the increase isn't particularly large, the upward momentum is quite solid. Ethereum followed the upward trend but with noticeably weaker momentum. This morning, long positions have already taken profits of several hundred points. As a new day begins, continue to look for opportunities and steadily push forward.

From the daily chart, it still shows a doji candle pattern at the close. Multiple attempts to push above 90,000 have hit a strong barrier and failed to break through. The current situation is a tug-of-war between bulls and bears at high levels. Bitcoin's strong pattern remains, but the pullback phase hasn't yet retraced all the previous gains. The issue is—repeated attempts to push higher without breaking through—this pattern signals that a correction might be needed.

The 4-hour chart provides a clearer view. Several times, it has shown a pattern of rising and then falling back. This kind of movement can only be called consolidation, not a continuation of strength. The bulls and bears will continue their tug-of-war this week. Whether the key levels hold is very important. If the 4-hour chart can hold above the previous high support zone and stabilize, the short-term outlook remains bullish, and opportunities are still present. Once this level is broken, the market could weaken significantly.

Overall, the recent days are likely to be characterized by oscillations and tug-of-war, with frequent switches between bullish and bearish sentiment.

**Trading references:**
Wednesday morning: Consider going long on Bitcoin around 87,800-88,300, targeting near 90,000 $BTC
Wednesday morning: For Ethereum, consider going long around 2,920-2,940, targeting near 3,020 $ETH
BTC1.22%
ETH1.01%
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