Bitcoin and Ethereum Evening Trading Strategy and Position Guidance
1. Market Review and Logical Analysis
The high short strategy provided at noon today has been validated by the market. Currently, Bitcoin and Ethereum are showing a volatile correction trend. Although the short-term fluctuation space is limited (about 500 points), profits can still be accumulated through rhythmic layout. From the market characteristics, the main funds are strengthening bearish momentum through oscillation — the middle band of the Bollinger Bands on the 4-hour level for Bitcoin continues to suppress prices, and although the MACD green bars have temporarily narrowed, a golden cross has not formed. Meanwhile, Ethereum has repeatedly encountered resistance at the key resistance level of $2450, indicating that the bearish dominant logic has not changed.
2. Position and Trading Strategy Deployment
(A) Bitcoin (BTC) Operation Suggestions
- Position Handling: Investors who already hold short positions can continue to patiently hold, relying on the resistance band of $106500 as defense, waiting for a second drop after the oscillation accumulation.
- New Short Positions: It is recommended to layout in the range of $106300 to $106800, with a stop loss set above $107200, targeting $105000, where there is resonance support from previous low points and the Fibonacci 61.8% retracement level.
(B) Ethereum (ETH) Operation Suggestions
- Position Handling: Holders of short positions can set take-profit targets in phases, first looking at the $2400 round number, and after breaking through, targeting the strong support at $2340.
- New Short Positions: Enter in the range of $2440 to $2460, with a stop loss set at $2480, targeting $2340, where this range overlaps with resistance from the upper boundary of the daily descending channel and the Fibonacci 38.2% retracement level.
3. Key Points for Risk Control
1. Volatility Risk: Be cautious of the main funds using oscillation to wash out positions. The key stop-loss lines are $107500 for Bitcoin and $2480 for Ethereum; decisive stop-loss actions are needed if these levels are broken.
2. Position Management: The position for a single trade should not exceed 3% of total funds. The “staggered entry + tiered take-profit” model can be used to optimize the risk-reward ratio.
3. Timing: Pay attention to the capital flow effect during the US stock market closing period from 22:00 to 24:00. Trends tend to accelerate during this phase.
Although the market pace is slow, the trend logic is clear. Investors are advised to remain patient, strictly execute the strategy, and avoid blind operations due to short-term fluctuations. The above analysis is for reference only, and trading decisions should be dynamically adjusted based on individual risk tolerance.
