Bitcoin Ethereum Early Morning Market Analysis and Trading Suggestions

In the world of cryptocurrency, determination is the sail. Skilled traders control their emotions amidst fluctuations, and deepen their understanding in uncertainty, to seize opportunities.

Last night, the cryptocurrency market saw unusual movements, with BTC soaring nearly 2500 points from a low of 107140 to 109596 before oscillating. Yang Jie’s team’s long position strategy captured over a thousand points; ETH also surged, rebounding over 110 points from 2430 to 2541. In today’s trading, BTC long and short positions gained 2100 points and 1750 points respectively, while ETH long and short positions recorded gains of 37 points and 46 points.

Technical Analysis: BTC 4-hour bullish candle, MACD expanding, RSI overbought, facing resistance at 110000, with 108200 as key support; ETH hourly chart shows five consecutive bullish candles, energy tide rising, facing weekly resistance at 2550, with 2500 support to defend.

Risks and Strategies: The Federal Reserve meeting minutes are crucial, beware of the risk of positive news being priced in. If BTC breaks below 107500, a deeper adjustment may occur. It is recommended to chase long positions on a breakout, with stop-losses set, and to control position sizes within 50%. Focus on the battle for BTC 109500-110000; conservative traders may wait for clearer trends. Trading points: BTC buy on a pullback at 108000-108500, target 110000; ETH buy on a pullback at 2530, target 2650. #特朗普马斯克分歧 #Solana质押型ETF