The true winners in the crypto world are not gamblers who chase gains and cut losses, but long-termists who hold onto value during downturns and stay clear-headed amidst noise. They save and learn during bear markets, and take profits rationally during bull markets without greed. Remember, the market never lacks opportunities; what’s lacking is the discipline to withstand cycles and the wisdom to see through the essence. This morning initially showed a brief surge followed by resistance and recovery, then a foundation-building phase began with a tug-of-war between bulls and bears. Bitcoin fluctuated around 92,300, while Ethereum hovered near 3,250, with the overall trend showing steady oscillation and upward movement. In terms of actual trading, long positions entered successfully this morning: Bitcoin at 92,168 and Ethereum at 3,240. Recent positioning has mainly focused on swing trading; those who followed the morning’s strategy can hold patiently. Those who haven't entered yet should look for opportunities to do so.

From the market performance, on the 4-hour chart, after testing the short-term high in the morning, prices faced resistance and pulled back, entering a brief correction phase, with two consecutive bearish candles. The current market is trading above the middle band of the Bollinger Bands, which remains upward, with the three Bollinger Bands maintaining an upward trend. The middle and upper bands serve as key support and resistance levels, respectively, and the overall upward structure remains unchanged. On the 1-hour chart, there’s a somewhat strong oscillation pattern, with short-term resilience, as the Bollinger Bands continue to widen and upward momentum is steadily released. Ethereum and Bitcoin movements are highly correlated, moving in the same direction overall. Based on technical analysis, the short-term bullish trend remains solid. For trading, it’s recommended to continue buying on dips, relying on key support levels to enter long positions and align with the current trend.

Gong Zhonghao: Always Win, Follow the Trend

Trading Suggestions:
Bitcoin: Around 91,800, buy; target 95,000

Ethereum: Around 3,200, buy; target 3,500

$BTC $ETH