Wednesday Early Morning Jingyi Analysis of Caosuo Silu

The persimmon market presents a range-bound oscillation pattern, with intraday consolidation and a rebound after probing the bottom at night. This regular pattern provides good opportunities for short-term trading. We continue to grasp the rhythm of range fluctuations and have achieved multiple successful trades.

After a rapid drop at night, the market rebounded strongly, and the coin price remains within the expected oscillation range, successfully testing the bottom support level. The daily chart closed with a doji star pattern, and the MA3 and MA7 moving averages continue to narrow, with open interest data showing a market advantage for bulls.

The 4-hour chart shows alternating bullish and bearish trends, with K-lines generally featuring long lower shadows, indicating strong support at low levels. The operating strategy suggests positioning bullishly on a pullback to key support levels, with a focus on the bullish rebound momentum.

Trading Suggestions:

BTC 93000-93300 range for bullish positioning, target 95500, if met with resistance, consider taking a short position.

ETH 1720-1740 area for bullish positioning, target 1820.