April 29th, Tuesday Hongding Trading Strategy:

After yesterday's repeated washout, the trades have emerged, rising from the lowest point of 927 to 956, then dropping to 934 after the US stock market opened, and later pulling back to around 954 before again falling to 943. The market is in a state of repeated fluctuations, and a direction is likely to emerge over the next couple of days. We will watch for a new high at 960 above and support points at 925 and 915 below. Until we break this range, we should continue to buy low and sell high.

Today, we see that Bitcoin has pulled back after an early morning surge. So how should we strategize today? We should still pay attention to the daily high point of 954. If there is a rebound, we should look to short, placing our trades in the 950-954 range, with a stop loss at 960. The target is set towards the 930-935 range, which corresponds to the early morning low of 934. If the support at 930-935 does not break, we can switch from short to long, with the stop loss at 925 and looking to target 950-955.

Therefore, today's overall strategy revolves around this range, mainly focusing on the overall market trend tonight or tomorrow and whether a bullish or bearish direction will emerge. So don't rush, be patient. Our overall approach remains unchanged; we shouldn't look too bearish or bullish until we break the key support at 915.

For Ethereum, we can look to short near the 1810-20 range, targeting 1750-60, with a stop loss of 30 points. We can consider going long depending on the situation below.

Currently, let's stick to this strategy. I will inform you of any changes. See you in the live stream at 9 PM every night. Thank you all for your support and attention!!$BTC