$BTC 7.9 Wednesday afternoon Bitcoin Ether latest market analysis and trading suggestions:
Why are your positions maxed out on longs? Minimized on shorts? You treat every opening as a gamble, thinking you’re grasping opportunities, but you may be stepping into a carefully woven trap; when you choose to stay on the sidelines, the fleeting opportunity slips through your fingers. Looking back at the morning, it was unsurprising that there was no breakthrough, maintaining a fluctuating pattern, with Bitcoin peaking at 109122 before pulling back to a low of 108337 and starting to rebound, currently peaking at 108933. Similarly, Ether rebounded from the morning high of 2626 to around 2589, and is currently peaking at around 2645. In the early hours, Qianyu provided a strategy for high shorts and low longs, achieving a 1298 point gain on Bitcoin and a 52 point gain on Ether.
From the current market perspective, the hourly MACD is flattening near the zero axis, and the red histogram momentum has not significantly increased, indicating intense bullish and bearish contention, lacking clear directional signals. If the hourly chart remains above the 5-day and 10-day moving averages, the short-term oscillation leans towards the bullish; if it falls below 108300, it may test the support at the 108000 round number. For evening operations, Qianyu provided a strategy for fluctuating high shorts and low longs, without breaking the previous short-term range, continuing to operate by selling high and buying low within the range.
Wednesday afternoon strategy:
Short Bitcoin around 109300, target 108000
Short Ether around 2650, target 2550.