BTC/ETH Midday Market Analysis and Trading Strategy

I. Strategy Verification and Key Market Insights

In the morning session, we accurately grasped the market rhythm and positioned short orders at high volatility. This decision has proven to be completely correct! The price of Bitcoin has significantly retraced to the 106700 level, achieving over 1000 points in profit in a single wave, successfully validating our bearish logic. The current market trend exhibits a relatively clear pattern, and seizing wave opportunities has become the key to maximizing returns. This not only requires us to have sharp insights into the market but also to flexibly adjust strategies based on technical analysis and market dynamics.

II. In-depth Technical Analysis

Bitcoin (BTC)

- Daily Level: The candlestick body continues to oscillate fiercely around the key price level, with upper and lower shadows repeatedly testing the boundaries of the range, indicating intense competition between bulls and bears in this area. At the same time, the moving average system forms a clear resistance, suggesting that the bulls face significant pressure to break upward in the short term, with the bull-bear game stuck in a stalemate.

- Hourly Level: The price fluctuation range is continuously narrowing, and the oscillation structure is tending to converge, which is usually an important signal that the market is about to choose a direction. Given that Bitcoin is at the upper edge of the oscillation and under significant pressure, we recommend a high short strategy for the midday session. If the price breaks down below the lower edge of the oscillation range, it may trigger a new round of downward movement.

Ethereum (ETH)

Ethereum's trend highly resonates with BTC and is similarly constrained by the resistance at the top of the oscillation range. From a technical indicator perspective, the bearish momentum is dominant, indicating strong demand for a pullback in Ethereum in the short term. If the price of Bitcoin falls, Ethereum will likely follow suit, and investors need to closely monitor its trend changes.

III. Midday Trading Strategy

Bitcoin (BTC)

Short lightly in the 107500 - 108000 range, setting a stop-loss at 108500. This is because if the price breaks above 108500, it may indicate that the market will reverse upward, and triggering the stop-loss can effectively control risks. The target is aimed at 106000; if the price effectively breaks below 106000, we can further look for lower support levels to capture more profits.

Ethereum (ETH)

Decisively position short orders in the 2490 - 2520 range, setting a stop-loss at 2550. If the price breaks above 2550, it indicates that the bearish strategy has failed, and timely stop-loss can avoid greater losses. The target is set at 2400, and investors can gradually take profits during the price decline process.