This week, Bitcoin rose from the 105,000 line to a new high of 106,775. However, following negative news, it experienced a strong correction down to this week's low of 100,305. After the unfavorable non-farm data, it once again showed technical support, making a forced rebound of 5,000 points. The current price is at 105,400. Yun Che's daily real trading strategies are publicly available across the entire network, and you can trace my tracks on major financial websites and well-known apps. Since June, Yun Che's strategy execution rate has reached 100%, and the accuracy of the strategies has exceeded 80%. The strategies are released in real-time across the entire network, and everyone can respond individually. I won't boast about how accurate my real-time trading orders are to avoid being accused of exaggeration. After all, only friends who follow my actual trading layout can truly experience what it means to have guidance like a deity.
In this week's layout, Yun Che provided clear and straightforward ideas. The strategy initially focused on a bullish medium-term layout, perfectly setting target expectations. Regardless of the bullish or bearish stance, there was a certain profit-taking space provided. Bitcoin had a total of over 7,500 points during the week, while Ethereum had a total of 280 points. The ideas were publicly shared across the entire network in advance. If you don't take a step, you can't overcome the fence; if you don't move your legs, you can't climb the mountain. As long as the orders are there, Yun Che is always present!
The development of trends relies on continuity. One tree cannot make a forest. Last week ended with a bearish candle and did not gain enough continuity. After a correction, this week still saw a rebound in volatility. Currently, the support for the coin price is below, with attention on the dip near 104,300, and resistance above at around 106,000. Overall, the upward momentum has slowed down, but it still maintains a high-level range of volatility. The weekend trend is more about trading time for space, and in the short term, it is expected to see high-level range adjustments. In terms of wave strategies, the focus is on bearish downward breakouts. Yun Che recommends paying attention to the area around 105,800 below, and placing short positions at high points, focusing on the continuation of bearish trends.
Bitcoin strategy: Short near 105,800, target 104,300
Ethereum strategy: Short near 2,520, target 2,450
