## Cognitive Realization, Steady Progress for the Long Term

The essence of investment is not chasing volatility, but understanding cycles and expanding one's perspective. Only by deepening one's own cognition can one respond calmly in the market.

How did the market perform today? Let's start with Bitcoin—after a rapid rise from the early morning low of 90,600 to around 91,600, it has been trading within a narrow range of 91,000 to 91,800. Ethereum rebounded from a low of 3,125 to a high of 3,165, then touched the 3,135 level again in the afternoon before bouncing back. Overall, both are in the process of accumulating strength.

From a technical perspective, Bitcoin on the 4-hour chart has already formed six consecutive bullish candles. After breaking above the upper boundary of the upward channel, it slightly retreated for confirmation, which is a typical strong consolidation pattern. The key point is that the selling pressure has significantly weakened, and the bullish structure remains intact. As the price continues to shift upward, the bullish momentum remains coherent, with various technical indicators showing divergence and resonance, indicating that the trend still has inherent upward energy. The three lines of the Bollinger Bands diverging upward further reinforce the strong short-term bullish signal.

On the 1-hour chart, the market is consolidating within the upper channel with alternating small bullish candles. Although the short-term upward slope has slowed, the price remains stable above the upward trendline, and the channel support structure remains intact. This suggests that the correction is healthy, and there is still room for further upward movement.

## Trading Suggestions

**Bitcoin**: Consider buying on dips around 90500-91000, with a target of 92500

**Ethereum**: Consider entering long positions around 3110, with a target of 3200