The fluctuations in the price of $BTC coins are like the ups and downs of life. When prices rise, there is no need to become overly proud; when they fall, there is also no need to belittle oneself. It teaches us that true composure is not about avoiding volatility, but about anchoring our hearts amidst the tides, knowing why we set out in the first place, so we are not afraid of a bumpy road. In the morning, the price peaked at 108468 before pulling back to around 107400, followed by a volatile upward movement. In the afternoon, the price peaked at 108341 before consolidating. Ethereum, in the morning, fell from 2553 to a low of 2522 and then rose with volatility, reaching a high of 2562 before consolidating. After successfully capturing the short position suggested in the morning, Yunduo once again provided a long position strategy, gaining over 800 points on the major coin and nearly 40 points on Ethereum.
The technical analysis shows a rising wedge forming on the 4-hour chart, with MACD showing a golden cross but lacking momentum. Key resistance is at 108500-109000, with support at 107800-107200. Ethereum is fluctuating in sync, rebounding 40 points from 2522 to 2562, with short-term pressure at 2570-2580. We need to be cautious of the impact of U.S. Treasury yield fluctuations. The current market maintains a volatile pattern, and it is recommended to flexibly seize swing trading opportunities.
Major coin suggestion: 108000-108200 light long (stop loss at 107700, target 108800), 108800-109000 trial short (stop loss at 109300)
Ethereum suggestion: 2550-2560 low long (stop loss at 2535, target 2590), 2580-2590 short (stop loss at 2605)
