Since we have shared, we must see it through to the end, share to the bottom! The market has once again fallen into a short-term consolidation range. Have you all noticed that every time Bitcoin consolidates, retail investors seem to have a habitual fear of heights, always thinking that once it breaks a new high, a sell-off should follow. They always feel that they should only buy in when Bitcoin reaches five digits, bullish! But by the time the price actually rises, they can't hold onto their positions and always want to short; the higher it goes, the more they want to short. This is human nature; the market is always counter to human nature! I mentioned the level around 107000-106500 earlier, and those who have already entered should continue to be optimistic, as historically, each consolidation has led to a certain upward surge. If even in a bull market people fear heights, then why trade at all? It might be better to go home and farm! #BTC☀ #ETH🔥🔥🔥🔥
From the current overall structure, after probing higher and pulling back, we have a certain amount of room for a correction. The consolidation after the correction is something we're quite familiar with; after a pullback, there is usually a rise that breaks the previous high. Isn't this the trend we've seen recently? I've always emphasized that the overall trend is still a strong upward pattern. Currently, the consolidation is still defined as a buildup. Therefore, we will maintain the strategy of buying on dips. However, we must still pay attention to deep corrections and pin bars. Just focus on getting the entry points right; it's still the same advice: confirm the range rules! Bitcoin can be bought around 106000, and Ethereum can be bought around 3930, targeting 108000 and 4050, respectively!