#In trading, the flexibility of contracts and real-time market tracking are indeed key to seizing opportunities. Adjusting strategies dynamically in real-time can prevent meaningless chasing of longs and shorts, which often leads to losses. Last night, Bitcoin bulls were once again suppressed, showing weak upward momentum. After rebounding to a high of around 106100, it formed a downward trend again, currently falling to a low of 103805. Ethereum faced downward pressure after rebounding to a high of 2568, with bears re-emerging, currently falling to a low of 2487. In the afternoon, a short position in Ethereum was set up around 2539, and it was closed at night with a gain of 49 points. Bitcoin made adjustments last night, with a real-time recommendation to short at 106000, resulting in a profit of 2000 points. When you lack direction and cannot understand or see the market clearly, Old Gao here remains your guiding light. The market changes rapidly, and strategies are time-sensitive; real-time guidance is crucial to better control every step of the market.
From the current market perspective, the structural pattern has once again turned bearish. The 4-hour level has been pressured from the upper band and has broken below the middle band, with bulls still not stabilizing. Although there has been a slight rebound, it has failed to maintain the gains, instead providing bears with the momentum to break through. The future market suggests a high probability of breaking lower, as effective support is necessary for a rebound. For the short term, it appears weak and likely to continue breaking down. If there’s no bottom broken during the rise and it peaks before breaking, then we are likely to see continued bearish movement at midnight. Since the middle band has failed to recover, the area below it still belongs to the bears.
Trading Suggestions:
Midnight Bitcoin short at 104500-105000, target focusing on 103300-102600.
Ethereum short at 2530, with the target first focusing on 2450-2430.
