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#Gate广场创作者新春激励 Currently, Bitcoin experienced a significant pullback after a strong rally in the early stage. The four-hour timeframe remains in an uptrend, but in the short term, it has entered a high-level correction and repair phase. After falling from the high point, the price has retested the previous dense trading zone and moving average support, indicating that there is still support below and it is not a panic sell-off. Signs of stabilization have appeared after continuous declines on the one-hour chart, with decreasing downward momentum. The bears have been fully released, and there is a short-term need for stabilization and consolidation. Overall, the major bullish trend remains intact, but the short cycle still requires sideways movement or minor retracements to digest selling pressure above. Do not chase the rise in operations; patience and waiting for a correction is more prudent.
Bitcoin 95000-94500 long, target near 97500;
Ethereum 3270-3240 long, target near 3380
The above is not investment advice!!!