Thursday evening thoughts, latest market analysis for Bitcoin and Ethereum
Reviewing the afternoon short-selling strategy, which was perfectly executed, the real-time market stretched to the high point near 99800, then faced pressure and began to slowly retreat. In our real-time trading, we set up short positions in the afternoon and successfully captured a 720-point decline before exiting. Currently, while the bulls remain strong, the bullish momentum seems slightly fatigued, having repeatedly attempted to reach the peak but failing to break through the 100,000 mark. We anticipate further pullback in the future and will patiently wait for the right time to enter the market, maintaining a high short position mindset in the evening.
Bitcoin is currently continuing its strong one-sided upward trend, with five consecutive weekly gains solidifying the foundation. The daily and 4-hour technical patterns are diverging upward. However, we are approaching the psychological barrier of 100,000, a critical resistance level that may trigger a technical pullback. From an indicator perspective, KDJ is already in the overbought zone, suggesting that short-term upward momentum is weakening and the risk of a pullback is increasing. In terms of operations, we should first look for pullback opportunities in the evening, and if the price retreat does not continue, we can consider reversing to set long positions.
Operation Suggestions:
Short Bitcoin in the range of 99500-100000, targeting 98000.
Short Ethereum in the range of 1970-2000, targeting 1850.
#比特币 #比特币走势分析
Reviewing the afternoon short-selling strategy, which was perfectly executed, the real-time market stretched to the high point near 99800, then faced pressure and began to slowly retreat. In our real-time trading, we set up short positions in the afternoon and successfully captured a 720-point decline before exiting. Currently, while the bulls remain strong, the bullish momentum seems slightly fatigued, having repeatedly attempted to reach the peak but failing to break through the 100,000 mark. We anticipate further pullback in the future and will patiently wait for the right time to enter the market, maintaining a high short position mindset in the evening.
Bitcoin is currently continuing its strong one-sided upward trend, with five consecutive weekly gains solidifying the foundation. The daily and 4-hour technical patterns are diverging upward. However, we are approaching the psychological barrier of 100,000, a critical resistance level that may trigger a technical pullback. From an indicator perspective, KDJ is already in the overbought zone, suggesting that short-term upward momentum is weakening and the risk of a pullback is increasing. In terms of operations, we should first look for pullback opportunities in the evening, and if the price retreat does not continue, we can consider reversing to set long positions.
Operation Suggestions:
Short Bitcoin in the range of 99500-100000, targeting 98000.
Short Ethereum in the range of 1970-2000, targeting 1850.
#比特币 #比特币走势分析
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BTC
103,841.27
+0.87%
ETH
2,601.98
+3.92%