The intraday market fluctuations were influenced by last week's rally, causing this week's market to oscillate in the range of 93500-95500. After the morning market retraced to 93600 and stopped falling, it quickly recovered as the daily line stabilized, bringing the price back to around 94500 for further oscillation. However, the bulls have not increased significantly to break the upper pressure. For Ethereum, there was a wave of increase in the morning that peaked at 1812 but faced resistance; the market currently seems to have lost some momentum, oscillating around 1800. Our strategy and actual positions have been set since early morning with short positions, and the morning retracement followed by a chase for gains has been quite rewarding, allowing for back-and-forth trades between long and short. This kind of market is simply about capturing the oscillation range for trading back and forth, keeping up with our strategy. Currently, the win rate of this week's strategy is not an exaggeration to say it's all correct; after all, those who followed the operations have all exited with profits. The strength relies not on boasting but on the updated strategies provided in advance—those who have benefited naturally understand.
From the current perspective, the daily line has formed a small bearish K line as a high-level horizontal adjustment. The retracement has not broken the previous resistance but rather touched it, leading to a rapid rebound and forming a certain lower shadow line. After the stabilization, the daily line continues the bullish trend and is still pushing up. Although there is pressure to break through the high point, the bulls are showing strong performance. The Bollinger Bands currently present an upward opening, indicating that the bulls still dominate the market. However, the adjustment is not yet over; as long as the upper high point remains under pressure without breaking, the upward continuation will still require some time for adjustment. Combining with the four-hour chart, the Bollinger Bands are currently in a flat position, and the K lines have not shown any signs of breaking this oscillation. The longer-term adjustment will still provide some continuation. The trading strategy is to primarily chase the rise; after the white line breaks the middle track, consider using the middle track as support to initiate long positions, with the lower track serving as our stop-loss point. Similarly, the upper track can also be a point to initiate short positions.