The market never lacks opportunities; what’s missing is the patience to hold back. Temporary gains and losses are just fluctuations in numbers; a stable mindset is the true long-term capital.


Today’s Bitcoin 15-minute chart shows that the market started from a low around 76,900 in the morning, with a wave of oscillation upward, reaching the intraday high of 78,546. After the surge, it faced resistance and quickly turned down, with the price dropping to around 77,300 for support. Then, a short-term recovery and rebound occurred, and the current price has returned to around 77,800 for sideways consolidation; within the day, the 2-hour timeframe shows alternating bullish and bearish swings, with ample overall volatility. Trading volume has fluctuated with the market, slightly decreasing during the minor pullback, and the short-term is stuck in a range, with bulls and bears temporarily in a brief equilibrium battle.
From the 4-hour perspective, after Bitcoin previously surged to a high of 79,444, the bullish momentum clearly weakened. The high was met with resistance, and the price retreated, with candlesticks weakening and stagnating. Trading volume also shrank, and upward pressure continued to increase. Currently, the price has fallen back to around 77,850, breaking the short-term upward trend, with the overall center of gravity gradually shifting downward. The 4-hour chart indicates that the market has entered a phase of decline after high-level resistance, with short-term rebounds seen as pauses before further downward movement. The priority is to watch for the market to retest the key support at 77,400. If this support cannot hold effectively, a deep correction after this rally will officially begin. The overall strategy is to sell on rebounds at high points.
Afternoon trading suggestions:
Short around 78,200 for Bitcoin, targeting 76,900 (previous low).
Short around 2,340 for Ethereum, targeting 2,280.
BTC0.71%
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