Time flies, and this week's trading is about to close. As of now, we have successfully achieved 28 consecutive wins, with the goal of 29 consecutive wins just within reach. Bitcoin and Ethereum have cumulatively gained over 12,800 points in profit. Looking back at this week's market trends, the market exhibited typical characteristics of range fluctuations and trend reversals:
From a technical analysis perspective, the market this week displayed typical characteristics of range fluctuations and trend reversals. At the beginning of the week, prices attempted to break through previous high resistance levels, and after failing to effectively break through the key resistance levels, they entered a downward channel until reaching the 105,000 support level, forming a strong rebound. Subsequently, prices attempted to test the 100,500 resistance level again but failed, triggering a second pullback, and entering a converging box fluctuation pattern during the weekend. It is worth emphasizing that at the long-short conversion point, the Yang Jie team relied on a dynamic strategy model to accurately grasp trend turning points through a 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 market environment with nonlinear fluctuations, 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 perspective, 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 there are significant changes 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.
