Everyone has a wish list in their heart, but they are always delayed, shelved, and left to rot in the attic of time. Perhaps sometimes, what we need is a little less hesitation and a little more courage. Looking back at Monday's market, the overall trend after the early morning dip to the low of 65569 was a sideways rally in the evening and midnight, forming a oscillating upward rebound. The bulls are not showing a strong upward trend but are creating a slow rise and short squeeze rhythm. The midnight Bitcoin rebound peaked at around 69498 before slowing down and facing resistance. Ethereum followed a similar pattern, starting from the early morning low of 1906, rebounding and recovering, also moving in a oscillating upward manner, with higher highs and higher lows. The current high is around 2052 before stopping. Our bearish outlook from yesterday was slightly off, but fortunately, we adjusted our positions in time, followed the bulls' pullback, and took a wave of long positions to recover losses. The daily chart shows Bitcoin successfully closing above the middle band, with this rise presenting a overall oscillating upward trend. There is a clear difference between this and the extremely strong short squeeze at the beginning of last week and the extremely weak short squeeze at the end of last week. Due to the recent large fluctuations and tug-of-war in price movements, the market needs to undergo a correction phase, which is within normal range and expectations. Currently, the price repeatedly tests support levels with weakening rebound strength, indicating that support levels are no longer effectively supporting the price to continue rising. After multiple tests, the support's effectiveness is diminishing. In the short term, each pullback can be seen as bullish momentum and used as a secondary indicator. Overall, the market should be approached with a oscillating mindset, and each pullback is also a good opportunity to add long positions. On Tuesday, Bitcoin around 68000 can be bought, with short-term targets at 69500-70000. Ethereum around 1980-1990 can be bought, with a short-term target first at 2060. #PI #BTC #ETH

【$XNY Signal】Pullback to buy + 1H strong consolidation, waiting for a second surge $XNY The 1H timeframe experienced a 27% violent rally and has entered a strong sideways consolidation, with the price building a support level above 0.0052. The 4H timeframe has formed a three consecutive bullish candles breakout pattern, indicating an upward trend. Currently, the 1-hour chart has retraced to the EMA20 and found support, with RSI remaining in a healthy zone. This is a typical bullish accumulation pattern, waiting for the next pulse. 🎯Direction: Long (buy on pullback) ⚡Entry/Order: 0.004753 - 0.004875 🛑Stop Loss: 0.004700 🚀Target 1: 0.005226 🚀Target 2: 0.005402 🛡️Trade Management: - Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position’s stop loss to the entry price. If the price strongly breaks through Target 2, move the remaining stop loss to hold and aim for greater gains. Depth Logic: Over the past 24 hours, open interest has remained stable. The price surged significantly without a decrease in open interest, indicating that the rally is not solely driven by short covering but also by new long positions entering the market. The order book shows a large accumulation of sell orders above 0.005274, creating short-term resistance, but buy orders below 0.00525 are also substantial, forming a support cushion. The 1-hour RSI has fallen from overbought levels to around 63, releasing overbought pressure and making room for further upward movement. Combined with the volume spike on the 4-hour bullish candle, it’s clear that the main players are defending the market, and a pullback is an opportunity. View real-time market 👇 $XNY --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#我在Gate广场过新年 #Gate2月透明度报告