Others are panic selling, while you are quietly planning; others are celebrating chasing highs, and you are calmly exiting the market. The true winner is never the one with the best luck, but the one who can stay most alert, wait patiently, and trust the most in the darkness. Wednesday’s market remains dominated by the bulls, with Bitcoin starting to rise from around 80,651 in the morning, showing a volatile upward trend throughout the day, and accelerating in the evening, reaching a high of around 82,828 before pulling back. Ethereum remains relatively weaker compared to Bitcoin, with insufficient momentum, but still in an upward trend, rising from a low of 2,352 in the morning to a current high of around 2,422 before facing resistance and pulling back. For intraday planning, in the morning around 81,400, consider entering long positions; in the evening around 82,800, consider exiting to lock in 1,400 points. For Ethereum, around 2,372, consider adding long positions; around 2,422, consider exiting to lock in 50 points. Leading the brothers who follow, successfully escaping the top in the short term.
On the larger trend, at the weekly level, the technicals show a trend of stopping the decline, rebounding, and recovering, with the weekly chart stabilizing after the fall, forming a downward wave and a rebound wave. At the beginning of this month, we can consider a retracement and adding long positions, as long as no clear counter-pattern forms, adopting a cautious approach of buying on dips. On the short-term four-hour level, after a surge and pullback, the price is supported by the short-term support/resistance at around 81,800, which is the top-bottom conversion point below. The market is testing the solidity of this level, and after reaching new highs, a short-term correction is expected. Focus on the retracement amplitude while maintaining controlled position sizing for entries.
On Wednesday night and early Thursday morning, consider going long on Bitcoin around 81,500-81,700, with targets at 83,000-83,500.
For Ethereum, consider going long around 2,355, with targets first at 2,450-2,465.