#BTC重回关键位置后走势 $BTC $ETH

In the cryptocurrency circle, many people believe that their losses are due to long trading cycles, and that playing short-term is fine. However, when losses become significant and clearly against the market, one must undergo a psychological struggle about whether to cut losses or not. Sometimes there's a sense of luck that the price will come back, leading to prolonged holding against the trend until death. Even worse, novice traders who do not understand the trend hope to average down by increasing their positions, but as the market moves further away from their holdings, they end up with heavier positions and die faster. They have taken the first path to death.

This week's market mainly showed a V-shaped upward trend. Early in the week, it fluctuated around the 100,000 mark but did not sustain the upward trend. There was a strong pullback to a new weekly low of 94,000, followed by stabilization at 94,000 leading to a sustained upward movement that brought the price back to the 100,000 mark, peaking at around 102,900 on Sunday. This week, the volatility was nearly 10,000 points with Ethereum showing a fluctuation of nearly 400 points. A total of 20 medium to long-term positions were set up this week, with 2 losing trades and a gain of nearly 10,000 points in Bitcoin, while Ethereum secured a profit space of over 300 points. Currently, the price is at 101,800.

Looking at the current trend, after a peak of 102,900 during the noon surge, Bitcoin did not continue to rise, indicating that its momentum is slightly insufficient. Subsequently, in the afternoon, the price corrected above 101,500. If in the afternoon Bitcoin does not drop below 101,000 but stabilizes and rises, then it will continue to break higher in the evening. Conversely, if it further drops, I believe there will be a slight dip before a rise. After all, the market is where it is; we just need to go with the flow and make adjustments accordingly.

Bitcoin strategy: Buy near 101,000-101,500, target 103,000

Ethereum strategy: Buy near 3,820-3,835, target 3,980