Saturday, live trading week summary, Bitcoin gained 16,700 points, Ethereum locked in 789 points.
As this week comes to a close, reviewing the market trends, the overall trend presents an upward movement, with the larger cycle's range locked between 102,000 and 105,000, frequently oscillating back and forth, which has presented certain difficulties for short-term trading.
All our layouts are publicly available on the internet, with both losses and gains; overall returns have decreased compared to before, with the win rate dropping to 90%. When faced with such chaotic market conditions, it's really beyond our control, as the variables outside the technical structure are too great, indeed exceeding our expected range.
The live layout focuses mainly on short-term trades, with occasional swing trades. Bitcoin has cumulatively gained 16,700 points, while Ethereum has secured 789 points. If it weren't for a few waves of stop-losses causing profit retracement, there would be a space of 20,000 points; upon reflection, the issues stem from being overly greedy and misjudgments. I will learn from this painful experience!
During the day, the market mainly exhibited sideways movement, with a space of 500 to 800 points sustained for an entire day without breaking through the resistance range. Here, we will maintain the strategy of shorting on rebounds, adjusting the short-term entry points.
Bitcoin shorting reference at the 104,000-103,500 area, aiming for a target of 102,500; if it doesn't break, we can rebound.
Ethereum shorting reference at the 2,420-2,450 area, aiming for a target of 2,350; if it doesn't break, we can rebound.