Sunday Midnight Bitcoin Ethereum Latest Market Analysis and Weekly Summary
In terms of trading strategy, I have always advocated for being straightforward. If there are mistakes in the strategy, I will openly admit them, because no one is perfect. The key is that we can quickly adjust based on real market changes, minimize losses, and even turn the tables. Thus, I promptly adjusted my direction, decisively shorting when the price dipped to around 109000, and then switching to long near 107000. Lao Tian has been busy with real market layout operations in recent days, often staying up late, but the back-and-forth switching between long and short positions has consistently resulted in wins. Some friends may doubt or disbelieve, but as long as I have time, I will share.
Currently oscillating in the 107000 range. The Ethereum trend is basically consistent with Bitcoin, having touched a high of 2730 this week before retreating, now adjusting to around 2510. This week's market has been unpredictable, but it has also yielded considerable profits. The four-hour chart shows that although the K-line presents a consecutive downward trend and the Bollinger Bands are opening downward, the overall situation is one of oscillation and correction. This trend usually signals a one-sided accumulation, suggesting a potential upward breakthrough in the future. Observing recent trends, the upper resistance levels are constantly being refreshed, and the lower support levels are gradually rising, fully reflecting the strong market structure characteristics. Despite the consecutive downward adjustments, the price has always remained within a high range, highlighting the strong support from the bulls. Currently, both bulls and bears in the market are temporarily in a state of balance; this price pullback is a normal technical adjustment. From a technical structure perspective, there is still ample upward momentum; after a period of continuous oscillation and accumulation, with the lows consistently rising, the market has accumulated enough momentum and may start a new round of upward trends at any time. Given that the current market has completed a certain degree of pullback, the subsequent operation is recommended to continue adhering to a low long strategy.
Midnight Operation Suggestions:
Bitcoin Long in the range of 106000 - 106500, target 108500.
Ethereum Long in the range of 2450 - 2470, target 2600.
#比特币 #比特币走势分析