You have witnessed Bitcoin being reborn in the lightning, and seen Ethereum forging swords in the snowstorm. This market has no easy path—each bottom out is a buildup for the next leap into the sky; each Whipsaw is a coronation for the true diamond hands. The greater the storm, the more valuable the fish. Early yesterday morning, we advised everyone to first see if 118500 could hold above, before getting on board further. The price directly pulled down near 118100, with a lowest point reaching 116566. We also followed the trend and lightly got in around 117800, capturing a few hundred points of profit. A true hunter can adapt their thinking on the battlefield, changing according to the market situation, and timely execute a stop loss, which is the best strategy.

Bitcoin is currently in a symmetrical triangle consolidation pattern. The 4-hour chart shows a resistance level at 119,000 and a support level at 116,000. Currently, there is a top divergence signal at the daily level: the price is making new highs but the MACD momentum is weakening, indicating a depletion of bullish strength. However, the DIF and DEA on the 4-hour chart are consolidating below the zero axis; if a golden cross pattern forms later, then the bullish trend may have some continuity. In the morning operations, we initially look for a rebound.
Bitcoin can be bought around 117000-116800, with a target of 118500.
Ether can be bought near 3750-3730, looking at 38500 #Gate 6月透明度报告 .