Bitcoin Ethereum Early Morning Market Analysis and Trading Suggestions

The cryptocurrency market is turbulent, and the wise break through emotional obstacles with composure, restraining greed during rapid rises and holding firm in judgment during lows, deeply understanding that the essence of investment is dancing with uncertainty.

Last night, the market experienced a huge shock, with Bitcoin (BTC) soaring 2500 points from a low of 107140 to 109596 before oscillating, while Yang Jie’s team’s long strategy captured over a thousand points; Ethereum (ETH) rebounded synchronously by more than 110 points, rising from 2430 to 2541. Under flexible operations on that day, BTC long and short accumulated profits of 3850 points, and ETH long and short collected a total of 83 points.

Technical Analysis: BTC 4-hour big candle, MACD expands, RSI overbought, with strong resistance at 110000 and support at 108200; ETH hourly chart shows five consecutive candles, energy wave rising, with 2550 under weekly pressure and a support level at 2500 to be defended.

Trading Guidance: The Federal Reserve minutes may stir waves, be cautious of profit-taking pullbacks. BTC must be cautious if it falls below 107500. It is suggested to chase long positions upon breakout, set proper stop-loss, and maintain position within 50%. Focus on the contest for BTC 109500-110000, and conservative traders should wait for a clear trend. Specific levels: Long BTC at 108000-108500, target 110000; Long ETH at 2530, target 2650. #美股代币化 #币安Alpha上新