$BTC When most people are still fantasizing about a market pullback, we have already harvested a profit of 2500 points with precise short positions — the market always rewards the clear-sighted who understand the direction first, rather than the latecomers who follow trends. Your hesitation cost is precisely our source of profit. Today's market overall shows a震荡下行 trend, with Bitcoin pressured down from the high of 109963, reaching a low of 107291 during the day; Ethereum also corrected from a high of 2598. Xiao Ge accurately grasped the market rhythm and strictly executed the bearish strategy: the Bitcoin short position at 109959 was closed at 108900 for a profit of 1050 points; the Ethereum short position strategy at 2596 was perfectly executed, closing out at 2556 for a stable profit of 40 points. In the evening session, we again struck precisely: the Bitcoin short position at 109000 was successfully closed at the second target of 107600, harvesting 1400 points; the Ethereum short position at 2550 was also accurately closed at the second target, gaining 50 points in profit. Today's operations fully demonstrate our precise judgment of the trend and strict execution ability.
From the current 4-hour candlestick chart, after experiencing a strong surge, the market encounters significant resistance near the upper Bollinger Band. As the bullish momentum gradually weakens, prices begin to face downward pressure, and the short-term upward trend may come to an end. Currently, the market has consecutively closed several bearish candlestick bodies, and prices have not only effectively broken below the key support level of the Bollinger Band's middle line but also caused the Bollinger Band channel to shift from expansion to contraction, indicating that market volatility is decreasing. In terms of trading volume, there is a moderate increase during the price correction, further validating the reality of bearish selling pressure.
Bitcoin: Short around 108000-108500 with a short-term target of 106000
Ethereum: Short around 2520 with a short-term target of 2430