Musk's American Party will expose the 'Epstein Case', high-level ambush is the best short! 7.9 Bitcoin Aunt's Thoughts
Yesterday's cautious approach to shorting was perfectly realized, although the long position was slightly lower, the rebound strategy was perfectly executed, and shorting between 109000-109500 could yield a thousand points. Ethereum is comparatively stronger than Bitcoin, as yesterday's shorting could only yield 20-30 points.
From a technical perspective, the daily chart is forming another doji, having already formed two dojis, one bullish and one bearish. The Bollinger Bands are trending upwards, the KDJ lines are curving upwards again, and the upward momentum of the MACD double lines is beginning to slow down, with volume decreasing. The overall trend is still a tug-of-war between bulls and bears, so intraday attention should be on the resistance at 110000-110500 above, and the resistance at 107000-107500 below; breaking these levels could lead to continuation!
7.9 Bitcoin Trading Strategy: Aggressive traders can short at the current price of 109000-109500, add positions near 110000, with a stop loss above 110500, and target 108500-108000-107500 nearby. If it breaks, watch for 107000-106500 nearby, and continue to adjust the stop loss based on the situation!
7.9 Ethereum Trading Strategy: Aggressive traders can short one lot at the current price of 2605-2630, with a stop loss near 2650, targeting 2560-2530 nearby, and if it breaks, watch for 2500-2470 nearby.
Long Position Strategy: Without negative news, bears are unlikely to continue, so for Bitcoin, go long one lot near 107000, with a stop loss near 106200, targeting 107500-107800-108000 nearby, and if it breaks, watch for 108500-108700-109000 nearby.
For Ethereum, go long one lot on the pullback at 2470-2500, with a stop loss near 2450, targeting 2550-2570 nearby, and if it breaks, watch for 2600 nearby.
The tariff issue has dragged on for over three months, and the market seems to have become immune to it. Musk has once again criticized U.S. President Trump regarding the 'Epstein Case' and confirmed that his newly established party, the 'American Party', will prioritize exposing documents related to the 'Epstein Case'. With internal turmoil in the U.S., Conan is more optimistic about the bears, and the cryptocurrency prices may see a downward push soon! #美国加征关税 #马斯克计划成立美国党