Playing contracts in the cryptocurrency world, setting a stop loss is not weakness, but a protective moat—numbers do not lie, but emotions do; setting a defense line in advance is essential to preserve the capital for a comeback. Volatility is the bait of the market, discipline is your hook; when the candlestick charts fluctuate, everyone fantasizes about financial freedom, only to understand when liquidation occurs that self-discipline is the true leverage. The weekend's market did not see much volatility; after a slight surge in the afternoon, it faced resistance around 106000. We set up a short position in the afternoon, aiming directly for the 105000 level, successfully taking profit and exiting with 1000 gain. Ethereum has not changed much. Currently, the price is oscillating around 105000.
From the current market perspective, Bitcoin is testing the 105000 level for long-short battles. The current price still stands firmly above the 4-hour MA30 support, and the retracement volume has not increased, indicating limited selling pressure and a normal technical pullback. As long as the key support at 105000 holds, there is still potential for a short-term push towards the 106000-107000 range.
Bitcoin strategy: Long around 104800, target 106500
Ethereum strategy: Long around 2505, target 2580
