Tuesday Live Trading Summary and Market Strategy:
1. Today's Trading Review
Today's market fluctuated like a 'roller coaster'. When the market was weak in the morning, we publicly indicated a short-selling strategy and successfully took profits—this is the advantage of grasping the trend. Although there was a slight rebound in the afternoon, we clearly warned in the strategy to 'beware of false rallies'; unfortunately, some students still got trapped by chasing the price up. In our trading, we publicly share short-term swing strategies and real-time profit and loss updates every day. As a trading mentor with years of practical experience, we always adhere to 'integrity as the foundation' and are committed to helping friends in the cryptocurrency space achieve stable profits.
2. Market Analysis and Operation Suggestions
1. Technical Analysis
The overall market is currently weak. Although the bearish trend has not continued to expand the decline, the rebound highs are gradually moving downwards, and the K-line running space is converging. On the daily chart level, the moving average indicators are diverging downwards. Although a unilateral trend has not formed, signs of a stepwise decline are already visible.
2. Trading Strategy
Recently, the market has frequently experienced washouts and spike events, and midnight trading requires high caution. When the trend is unclear, the market is expected to be dominated by a tug-of-war, and we suggest:
- Avoid blindly chasing highs and cutting losses, and adopt a 'point trading' strategy;
- Strictly set profit-taking and stop-loss levels to guard against profit reversals caused by price pullbacks.
3. Specific Point References
- Bitcoin: Short near 106500, target 104000;
- Ethereum: Short near 2450, target 2350.
3. Conclusion
Trading requires a clear mindset. If lacking direction, consider collaborating with Yang Jie for joint planning. Strategies are updated online daily. Wishing everyone smooth trading!