03463763616$ETH $SOL Bitcoin, a serious Bitcoin wash. Since the pancake broke through the 90000 mark yesterday, the market has paused its upward momentum, instead engaging in a back-and-forth tug-of-war, with fluctuations of several thousand points that are puzzling. This repair is not something that can be concluded in the short term, and it remains uncertain whether this high point of 90000 has become a peak. Regardless, the progression of this bull market has allowed countless people to obtain their rightful results. Yesterday, we perfectly captured over a thousand points from the long position given at 88300, and the opportunity was unimaginable. In a trending market, everything else is just talk; while there is space against the trend, it is not something you can control. The key is to find the right low point to enter long!
In terms of the overall structure, the current market is consolidating at a high point, with alternating Yin and Yang and coexistence with tea towns, clearly releasing a certain amount of momentum. Looking at the Bollinger Bands, the direction of the three lines indicates that the trend has not changed. The top repair is merely a form of exchanging time for space. After a certain adjustment of the consolidation, there will still be a second surge. In the short term, we can arrange for long positions on the pullbacks.
Bitcoin is trading around 87600-87800 for longs, looking at 89000.
Ethereum is trading around 3250-3260 for longs, looking at 3380.