On Sunday, #ETH突破2500 , the real trading operation weekly summary: Bitcoin gained 17,800 points, and Ethereum synchronized with a profit of 789 points, achieving 29 consecutive wins this week. We incurred losses on 4 trades.
All our layouts are publicly available online, with both losses and profits, and overall returns have declined compared to before. In the face of such chaotic market conditions, there is truly no way to manage; the variables outside the technical structure are too great, indeed exceeding our expected range.
Current market analysis and evening trading strategy:
Analyzing the current dynamics of the small cycle four-hour chart, we find that despite the market experiencing a surge and subsequent decline, it has not fallen into a consecutive downtrend of bearish candles. On the contrary, the market shows a pattern of gradually rising lows, demonstrating a stable situation after the pullback. The market has repeatedly managed to hold above the important psychological level of 104,000, which is undoubtedly a significant indicator of bullish strength dominating.
The current repeated fluctuations should be seen as the market undergoing normal corrections and accumulation.
As the market gradually stabilizes and builds a new support base, it is gathering strength in preparation for the upcoming new upward trend. Based on the principle that during the correction period the market will not fall below prior lows, combined with the dynamics near the current lows, adopting a bullish strategy in the short term seems particularly reasonable. For those following along, we will provide real-time guidance on market trends to help everyone accurately capture the best entry opportunities.
Evening trading suggestions:
Bitcoin: It is recommended to go long in the range of 103,500-104,000, targeting 106,000.
Ethereum: Consider going long in the range of 2,470-2,500, targeting 2,630.
