Every big dump is a tempering of one's mindset, and every sideways movement is a test of one's understanding. This circle is never short of myths of becoming rich overnight, but what is more worthy of respect is the perseverance to withstand the storm and move forward steadily. The high point is once again under pressure and falling back, with the pattern of movement clearly indicating to us that the market first experienced a downward pressure to around BTC 86800 in the morning before steadily rebounding to around 87900, and then again coming under pressure and falling back.

From the four-hour technical perspective, after experiencing six consecutive bearish candles and a pullback, the price has accurately tested the support of the middle band of the Bollinger Bands and stabilized. The current trend has shifted from a one-sided decline to a sideways upward structure, exhibiting alternating bullish and bearish movements with gradually rising lows. Each pullback has not effectively broken through the key support level, and the rebound strength is gradually increasing, indicating a persistent willingness of bullish funds to support the market. On the one-hour level, the market shows a typical strong consolidation pattern. After a previous continuous breakthrough of key resistance, the market has not undergone a deep pullback but has instead digested the prior gains through high-level oscillations. As the pullback amplitude gradually narrows, market momentum continues to accumulate, laying the foundation for the next breakthrough. Currently, the short-term bullish trend has strong continuity, and attention should be paid to the volume conditions and whether an effective breakthrough can be formed.

Follow the job type Hao: Changsheng looks at the trend

Operation suggestions:
BTC: around 86000, target set at 89000
ETH: around 2850, target at 3100
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