Time flies, and this week's trading is about to come to an end. So far, we have successfully achieved 28 consecutive wins, and the goal of 29 consecutive wins is within reach, with Bitcoin and Ethereum cumulatively earning over 12,800 points. Looking back at this week's market trends, the market exhibited typical characteristics of range fluctuations and trend transitions:
From a technical analysis perspective, the market this week showed typical characteristics of range fluctuations and trend transitions. At the beginning of the week, prices attempted to break through previous high resistance levels, and after failing to effectively break through key resistance levels, a downward channel was initiated until it reached the 105,000 support level, forming a strong rebound. Subsequently, prices tested the 100,500 resistance level again unsuccessfully, triggering a second pullback, and during the weekend, it entered a converging box fluctuation pattern. It is worth emphasizing that at the turning point of the bulls and bears, the Yang Jie team relied on a dynamic strategy model, accurately grasping trend turning points through comprehensive analysis of candlestick patterns, volume changes, and technical indicator divergences, achieving a high degree of alignment between strategy direction and market trends.
This practical result fully validates the effectiveness of the dynamic trading system. As mentioned in last month's investment strategy report, in a nonlinear fluctuating market environment, adhering to a single directional holding strategy has significant limitations. When prices break through key resistance levels and form effective confirmations, timely adjustments to position direction should be made, discarding any wishful thinking and establishing a dynamic trading mindset that follows the trend.
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 should be noted 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 tracking macroeconomic data, policy dynamics, and market sentiment indicators, constructing a composite analysis framework that combines technical analysis with fundamental research.
