Cryptocurrency Trading Review and Future Strategies

I. Core Views

The cryptocurrency market favors the enterprising; today Bitcoin surged strongly, while Ethereum was weak but did not experience a one-sided decline, showing an overall bullish trend. With precise positioning, Bitcoin gained over 3700 points, and Ethereum captured 69 points in profit, validating the power of trend-following trading.

II. Market Performance

• Bitcoin: It oscillated upwards to 108095 before retracing, with support at 106700. By leveraging three strategic placements in the early morning, midday, and evening, the upward movement was perfectly captured.

• Ethereum: After peaking at 2467, it oscillated downwards, rebounding at 2388, with afternoon long positions gaining 30 points.

III. Technical Analysis

• Daily: Both Bitcoin and Ethereum completed their corrective rebounds, establishing a bullish trend, indicating a buy on pullback.

• 4-Hour: Bitcoin shows strong support at 106700 with bearish exhaustion; Ethereum is bottoming at 2388, watch for a breakthrough at 2450.

IV. Midnight Strategy

• Bitcoin: Long positions at 106700-107000, target 108000-108900, stop loss at 106400.

• Ethereum: Long positions at 2390-2400, target 2480-2540, stop loss at 2360.