U.S. stocks rose before the market opened, and Ethereum’s rebound disappointed the market! 5.8 Bitcoin Aunt’s evening operation strategy
Today, U.S. stocks rose before the market opened. The short position given during the day has unfortunately stopped out. Currently, Bitcoin is trying to break 100,000 but has not succeeded, and Ethereum is also testing the 2000 mark without breaking through. Overall, the trend is bullish, but the Federal Reserve is firmly not lowering interest rates, so everyone should be cautious about chasing highs! Focus on the initial jobless claims data tonight!
From a technical perspective, there have been four consecutive bullish candles on the four-hour chart, the price has broken through the upper Bollinger band, the Bollinger bands are widening, KDJ three lines are trending upwards in the overbought zone, and MACD has a golden cross with dual lines diverging upwards. The trading volume has slightly decreased, indicating a strong demand for a pullback!
Ethereum made a partial rebound this afternoon, but did not break through 2000. Looking back, when Bitcoin was at 100,000, Ethereum was close to 4,000. The bullish market for Bitcoin might really be due to the tense international situation, being treated as a safe-haven asset. Although there are widespread rumors that the UK and the US have successfully negotiated tariffs, the impact of the tariff war goes far beyond that. Conan is more optimistic about the bears in the future! Therefore, Conan still recommends focusing on shorting during rebounds tonight! Pay attention to the resistance levels at Bitcoin 100,000, 101,700, and 102,400, and the support levels at 97,700, 96,200, 95,700, 94,400, 93,300, 92,700, 91,600, and 90,500.
5.8 Bitcoin evening and early morning operation strategy: Aggressive entry at current price 99,500-99,800 for short positions, conservative entry at 100,100-100,500, with a stop-loss near 101,000, and targets at 97,700-97,000-96,200-95,700. If broken, watch for 94,500-94,000-93,500-92,700. Hold based on the situation!
5.8 Ethereum evening and early morning operation strategy: Aggressive entry for short near 1,960, conservative entry at 2,000, with a stop-loss near 2,030, and targets at 1,900-1,850-1,830-1,800. If broken, watch for 1,770-1,750-1,720-1,700.
Long position strategy: U.S. stocks are relatively strong, having closed positively again after yesterday's drop. Since the spot ETF funds are not leaving, the price drop is limited. Therefore, if Bitcoin first retraces to 93,500-94,000, enter long, with a stop-loss near 93,000, and targets at 94,500-95,000-95,000-96,000. Hold based on the situation if broken!
Ethereum can enter long on a retracement to 1,730-1,750, with a stop-loss near 1,700, and targets at 1,780-1,800-1,820. Hold based on the situation if broken!
There is no particularly positive news in the market. It is entirely driven by capital, and without favorable policies, the risk of a bearish pullback is relatively high. #BTC突破99K #BTC交易