In the evening session, CPI data released positive signals, prompting a surge in Bitcoin, Ethereum, BNB, and SOL. However, on smaller timeframes, the bullish momentum shows signs of weakening, making chasing highs riskier at this point.
But from a different perspective on the daily chart, Bitcoin's bullish pattern remains intact—the main trend direction has not changed. The evening trading strategy could be as follows: if the market pulls back to the white line and continues to decline toward the key support levels, then there are good opportunities for low-cost buying in this support zone. The probability of a rebound at the support levels still exists, and one can consider entering long positions within this range.
Overall, patience and avoiding impulsive actions are wiser than blindly chasing highs for better entry points.
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EthMaximalist
· 13h ago
Wait a minute, can this surge really hold up? It seems like the smaller levels are already backing down.
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GasOptimizer
· 13h ago
The data speaks for itself; buying the dip at support is much more enjoyable than chasing highs. Capital efficiency is well managed.
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GasFeeBeggar
· 13h ago
Another wave of getting caught chasing the high... Let's wait for a pullback, anyway I won't follow the trend.
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GasGuzzler
· 13h ago
Chasing highs is really a quick way to lose money; I've been trapped too many times.
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MemeCurator
· 13h ago
Here we go again with this routine, buy low and buy low. Every time they say wait for the support level, and then it breaks below?
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MetaverseLandlord
· 13h ago
Buying high is just giving money to the market makers, I never make that mistake.
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Those waiting for support levels make money, while those chasing highs fall into traps, understand?
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This round of dip-buying opportunities are indeed good, just afraid some people are still catching the bag.
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Are the bulls intact? It seems like it's testing my patience.
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CPI positive news is just so-so, the key is whether the support can hold.
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No rush, no impatience. It's easy to say but hard to do. I've been itching to act for three days.
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Will the white line really retrace at this position? Feels a bit ridiculous.
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It's another story about waiting for an entry point. Anyway, I'm already in cash, comfortably watching the show.
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Dip-buying is correct, but the real question is where exactly this "key support" is, and that's still uncertain.
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OnChainArchaeologist
· 13h ago
Buying high is like giving away money; I'm holding at the support level this time.
Tonight Market Highlights Summary
In the evening session, CPI data released positive signals, prompting a surge in Bitcoin, Ethereum, BNB, and SOL. However, on smaller timeframes, the bullish momentum shows signs of weakening, making chasing highs riskier at this point.
But from a different perspective on the daily chart, Bitcoin's bullish pattern remains intact—the main trend direction has not changed. The evening trading strategy could be as follows: if the market pulls back to the white line and continues to decline toward the key support levels, then there are good opportunities for low-cost buying in this support zone. The probability of a rebound at the support levels still exists, and one can consider entering long positions within this range.
Overall, patience and avoiding impulsive actions are wiser than blindly chasing highs for better entry points.