$BTC $ETH In the mysterious sea of opportunities and challenges in the cryptocurrency market, the scene of "while others are making money, you are just watching" is constantly unfolding. As the market fluctuates like a surging tide, those sharp traders have long been riding the waves, skillfully navigating the peaks and troughs of the market with real-time guidance from Sheng Ge, accurately capturing every glimmer of profit. On Thursday evening, Bitcoin showed a clear trend of volatility, with the price quickly retreating after reaching the high point of 107724, and nearing midnight the price hit a low of 106500. Ethereum's movement synchronized with Bitcoin, with the price slightly rebounding to a high of 2459 before facing pressure, gradually dropping to a low of 2409. Throughout the day, Sheng Ge's Bitcoin long and short positions and Ethereum long and short positions were executed as expected. The Bitcoin and Ethereum long positions arranged in the morning were entered near 107085 and 2422 respectively, with exit signals near 108140 and 2515, resulting in a profit of 1000 points for Bitcoin long positions and 93 points for Ethereum long positions. The Bitcoin short positions arranged in the evening were entered near 107631 and exited near 106636, gaining 1000 points, while the Ethereum short positions were entered near 2473 and exited near 2416, achieving a profit of 57 points. The total profit for Bitcoin long and short positions throughout the day was 2000 points, while the total profit for Ethereum long and short positions was 150 points.
According to the current market situation, the four-hour level shows a downward trend with four consecutive bearish candles. Although the bearish candle bodies are relatively small, the bulls have not provided a significant rebound during the process, with the price gradually approaching the middle line of the Bollinger Bands, indicating that the overall trend remains weak and volatile. From the one-hour level, after a rebound, a long upper shadow appears above the bullish candle, indicating that the pressure from above causes the price to enter a downward trend again. However, the KDJ indicator at this level has formed a golden cross upwards, indicating that the bullish momentum is preserved in the short term. Therefore, for midnight operations, we will maintain the strategy of shorting after a rebound. #BTC☀ #ETH
Bitcoin can be shorted near 107500-107700, with a target of 105500.
Ethereum can be shorted near 2460-2480, with a target of 2350.