Can these kindergarten-level ups and downs really result in continuous stop losses? I'm truly impressed! Just scatter some rice on the keyboard and let the chickens peck; the orders they peck out might make more sense than your operations. The market chart must almost have holes from your constant staring, right? What’s the result? Buying at the peak and selling at the bottom, making reverse indicators that are so precise that even the market makers want to give you a best assist banner. Analysis? Strategy? The support and resistance lines on your candlestick chart look like abstract art; you can’t even fool yourself, can you? If you can't handle this level of volatility, don’t even talk about trend trades; even if given a straight line, you could turn it into an ECG! You should quit while you're ahead; the market isn’t here to do charity; it’s here to collect your tuition. If you keep playing like this, the speed at which your account balance oscillates to zero is far more thrilling than the market. Looking back at today’s market trend, Bitcoin faced resistance and fell back from a high of 108475 in the morning, probing down to the support level of 107400 before stabilizing. Subsequently, bulls launched a strong counterattack, reaching a high of 109180 but failing to maintain that level, entering another correction phase. Ethereum's trend is highly correlated with Bitcoin, dropping from a high of 2553 to a support level of 2522 in the morning before stabilizing and rebounding, peaking at the psychological level of 2600, also showing a correction trend in the evening. Today we accurately grasped the market rhythm, strictly adhering to the bearish trading strategy, with all operations perfectly validating the market trend. Entered a short position at 108400 in the morning, took profit at 107500, capturing 900 points. In the afternoon, took the rebound opportunity, entered a long position at 108100, realized profit at 108900, gaining 800 points. In the evening, set up a short position again at 109000, successfully took profit at 108200, earning another 800 points. Entered a long position for Ethereum at 2532, closed at 2577, securing a stable profit of 45 points. All four trades today hit precisely, fully demonstrating our accurate control over the market rhythm.
From the current analysis of the 4-hour chart, the market remains in a consolidation pattern near the middle track. The price repeatedly tests between the upper and lower tracks, forming a box-like oscillation market with resistance above and support below. The price has attempted multiple times to break through the upper resistance level, but each time it reaches the key pressure area, profit-taking occurs, leading to a lack of strength to break the high. During the pullback process, the bears have also failed to form an effective breakthrough; the price consistently receives buying support when it touches the lower support level. This seesaw-style movement indicates that, in the absence of major fundamental catalysts, the market is temporarily unlikely to form a one-sided trend.
Bitcoin: Short position available around 109000, short-term target 107000
Ethereum: Short position available around 2625, short-term target 2550