Wednesday has also come to an end. The overall market during the day has been a tug-of-war between bulls and bears, with the daytime market operating within a range. The low touched 103300 and the high peaked at 105500. In the early hours, the Bitcoin price fell to a low of 103300 and rebounded. At noon, it peaked at 105500 again, facing resistance. In the afternoon, the Bitcoin price saw a slight bearish push, reaching a low of 1037500 and stopping there. In the evening, the Bitcoin price fluctuated back and forth, with a space of nearly two thousand points. Currently, the price is around 104000. Ethereum, after hitting a low of 2451 in the early hours, rebounded significantly, and during the day, it moved slowly upwards in a step-by-step manner, facing resistance at 2547 at noon. In the evening, it followed a similar trend to Bitcoin, fluctuating between bulls and bears, and the current price is around 2480. We made three long and one short position on Bitcoin during the day, achieving a total of 3689 points. We made two long positions on Ethereum, achieving a total of 110 points. Wednesday ended perfectly. The daily chart closed with a low doji candlestick, with a long lower shadow. In the short term, it is oscillating widely around the high level, encountering resistance again after reaching a high, leading to repeated ups and downs. The 4-hour chart shows a quick rise and a quick retracement. After a quick peak, it failed to break the previous high and is currently under pressure, followed by a rebound. During the day, we still need to pay attention to the resistance at the high level. If the high does not break, it will continue to maintain a high pull. Currently, the market appears weak, but the price lacks momentum for a one-way rise. Short-term movements are convoluted and the fluctuations are large. In terms of operation, respond to the short-term market with careful timing. The hourly chart has currently stopped weakening and is in a small step oscillation upwards. Considering the support of the weekly lower track, be cautious when chasing shorts. If you cannot find a suitable entry point, you may consider waiting, timing it to midnight and tomorrow morning. If the price continues to weaken and breaks down, look for short opportunities; conversely, if it stabilizes, look for a rebound.

Operation Suggestions:

Long Bitcoin at 103500-104000. Target 106000.

Long Ethereum near 2450. Target 2550#BTC走势分析 .