Unlocking the first day of the New Year, staying calm and unhurried, gradually shining. Happy New Year to everyone!



Here's a brief overview of today's thoughts:
Yesterday, Bitcoin's overall market was mainly oscillating back and forth, with little volatility during the day. Before the US stock market opened at night, it suddenly surged, reaching around 89,200. However, it couldn't hold steady and quickly dropped, with the lowest around 87,200. But our提前布局的“低吸做多”策略 (early deployment of the "buy low and go long" strategy) perfectly caught this wave, allowing us to take profits smoothly and exit.

Looking at today’s market situation, starting with the 4-hour chart: previously, there was a series of downward-moving bearish candles, which looked quite alarming. But this morning, the price held steady at around 87,200, then gradually climbed back up. Now it’s fluctuating slightly around 87,500. The lower and middle bands of the Bollinger Bands are acting as short-term support and resistance, and both the middle and lower bands are showing signs of turning upward. This indicates a high probability that the price will break through the middle band and challenge the previous high of 89,200.

Zooming into the 1-hour cycle: since this morning, the market has been moving in a pattern of “two bullish candles followed by two bearish candles.” Although there has been some pullback, the lows are not moving lower, clearly showing that the bearish momentum is weakening. This kind of “stagnant decline with weak pullbacks” is a typical oscillation correction pattern. The strength of the pullback is diminishing, and the overall trend is gradually moving upward, indicating that the short-term market is likely to continue pushing higher. Therefore, during this midday period, the trading strategy should mainly focus on “buying on dips.”

Finally, specific operation points:
Bitcoin: When the price retraces to the 86,800-87,500 range, it’s a good entry point to go long. The initial target is 89,000; if broken, then aim for 90,500.
Ethereum: When the price retraces to the 2,910-2,960 range, it’s a good entry point to go long. The initial target is 3,050; if momentum is strong, it can go up to 3,100.
BTC2,44%
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