The cryptocurrency market has been quite intense lately, with prices continuously hitting new lows and market sentiment remaining low, making it even more thrilling than binge-watching a series. In such a market with severe emotional washing, it's hard to tell how many people have been liquidated behind the scenes; those who remain steadfast are indeed the lucky ones, or perhaps they have some wise guidance.

Whether it was yesterday's short or this morning's long, Jiang Wei has been adept at navigating the market. In the video, he described the overall price movement as a low-range oscillation, akin to a tug-of-war. This morning, after the price dipped, he seized the opportunity to buy at the bottom, leading to a perfect exit now. Currently, the four-hour chart has broken through and stabilized at the middle Bollinger band, and any pullback during the day presents a buying opportunity, just waiting for further upward movement.

After stabilizing at the middle Bollinger band on the four-hour level, any pullback is a signal for a low buy. Don't be scared off by the current pullback sentiment. The upper pressure is now moving towards the 96,000 area, with bottom support around 88,800. Although the outlook is bullish today, if the rebound is on low volume or breaks down, it’s still necessary to avoid and exit; don’t be the little prince holding onto losing positions.

For the daytime trading, I am bullish in batches around the 92,200-91,800 range, with a temporary target of around 95,800. If it goes up, one can set up a short position above the target point; the levels are for reference only.

Follow the public account, for what can ease worries, only Jiang Wei. A treasure analysis blogger with high emotional value, sharing trading education for free, bringing stability and clear guidance in the restless trading market, traversing three cycles of bull and bear markets and years of practical trading experience. He specializes in naked K, trends, Dow theory, Gann, harmonics, Chan theory, wave theory, and other technical analyses, gathering them into his unique insights.

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