Wednesday Afternoon Bitcoin and Ethereum Short-term Strategy Update
This afternoon's market is as expected, with Bitcoin and Ethereum continuing their range-bound oscillation pattern. After multiple fluctuations, a support structure is gradually forming, and the coin price is showing a slow upward trend. Lao Tian's strategy maintains a long-term layout, and long positions continue to be held. In terms of short-term operations, the strategy of buying low and selling high remains applicable, capturing the rhythm for profit, with cumulative effects being considerable. Although the market's advancement is not fast, with proper rhythm control, profits are relatively easy.
The four-hour chart for Bitcoin maintains a one-sided upward rhythm, with K-lines showing slight bullish growth. The body is relatively short, indicating a calm market sentiment. The MACD energy bar has turned from negative to positive and is currently in a steady growth phase. The one-hour chart shows the coin price arranged at the upper boundary of the range, with the overall trend line sloping upwards. The Bollinger Bands have contracted, with no obvious signs of expansion at present. The market is expected to continue its current slow rising rhythm.
In the short term:
Buy Bitcoin at the current price with a light position, aiming for 107,000.
If it falls below the 106,000 line, consider adjusting and supplementing.
Ethereum around 2,430, aiming for 2,500
