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Every fluctuation in the candlestick chart is a test of human nature — don't forget to take profits during the bull market's noise, and don't panic and cut losses during the bear market's silence. Those who can truly navigate cycles rely not on luck, but on the clarity of investing with idle funds and the discipline to resist following the crowd. Tonight, Bitcoin led the charge, directly launching a strong rally from the low of 94,413, surging all the way up to around 97,733; the momentum was not to be outdone, rising in tandem from the low of 3,280 to a high of 3,403. In fact, I emphasized the idea of re-entering on pullbacks earlier this morning!
From the current market situation, the four-hour chart shows that after a brief correction, the market has once again seen consecutive bullish candles pushing upward, with prices strongly breaking through the upper band of the Bollinger Bands. As the bullish candles' bodies gradually enlarge, the bullish momentum continues to strengthen, opening further upside space. The overall market has entered a bullish dominant rhythm. The one-hour chart also shows three consecutive bullish candles, with prices steadily rising along the upper Bollinger Band, which is once again opening upward. All indicators and moving averages on this level also display a strong pattern. In summary, for midnight trading, it is recommended to follow the trend and mainly re-enter long positions on pullbacks.
Trading suggestions:
Bitcoin: Around 96,000, consider buying, target 99,000
Altcoin: Around 3,280, consider buying, target 3,600