Time flies, and this week's trading is about to conclude. As of now, we have successfully achieved 28 consecutive profits, with the goal of 29 consecutive profits within reach. Bitcoin and Ethereum have collectively earned over 12,800 points in profits. Looking back at this week's market trends, the market exhibited typical characteristics of range fluctuation and trend reversal:
From a technical analysis perspective, this week the market presented typical characteristics of range fluctuation and trend reversal. At the beginning of the week, prices attempted to break through the previous high resistance level, but after failing to effectively breach the key pressure level, it entered a downward channel until it reached the 105,000 support level, forming a strong rebound. Subsequently, the price tested the 100,500 resistance level again unsuccessfully, triggering a secondary pullback. During the weekend phase, it entered a converging box fluctuation pattern. It is worth emphasizing that at the nodes of bullish and bearish transitions, Yang Jie’s team relied on dynamic strategy models, accurately grasping the turning points of trends through comprehensive assessments of candlestick patterns, volume changes, and technical indicator divergences, achieving a high degree of alignment between strategy direction and market trends.
This practical outcome fully validates the effectiveness of the dynamic trading system. As mentioned in last month's investment strategy report, in a non-linear fluctuating market environment, sticking to a single directional position strategy has significant limitations. When prices break through key resistance levels and form effective confirmations, one should promptly adjust position directions, abandon wishful thinking, and establish a dynamic trading mindset that follows market trends.
From a technical standpoint, the medium to long-term moving average system still maintains a bullish arrangement, indicating that the overall market trend remains in an upward channel. However, it is important to note that when significant changes occur in the fundamentals, the effectiveness of technical analysis may weaken. Therefore, it is recommended that investors maintain a bullish mindset while closely monitoring macroeconomic data, policy dynamics, and market sentiment indicators, constructing a composite analysis framework that combines technical analysis with fundamental research.
