$BTC In the cryptocurrency circle, true experts do not just rely on identifying the right direction when a major market movement occurs, but can accurately anchor trends even during a volatile market. Bitcoin is showing a rise and fall pattern during the day, with the price retreating from a high of 112007 to a low of 110505, currently stabilizing around 111000 with fluctuations. Yunlu has accurately grasped the market's volatility rhythm, successfully achieving a profit space of over 600 points during the turbulent market. Ethereum continues to maintain a strong pattern, oscillating and gathering momentum in the 2750-2800 range in the morning, and extending the upward trend in the afternoon, reaching a high of 2822. The long position strategy near 2750 given by Yunlu in the morning has successfully captured over 60 points of space, and the current coin price is maintaining a high-level consolidation around 2780.
In the short term, Bitcoin's technical pattern shows that upward momentum is weakening, and caution should be exercised regarding the risk of a pullback. From a technical perspective, Bitcoin shows signs of weak upward strength, with a clear support area below, while the resistance level at 112000-112800 still requires volume support to break through. Ethereum's trading volume has significantly increased, indicating high market participation enthusiasm, but the large short-term increase may trigger a technical pullback. The current market is at a critical position, and investors should maintain a cautious attitude to avoid chasing highs or panic selling. Special attention should be paid to the impact of external market fluctuations on digital currencies and the short-term volatility risks brought about by changes in market sentiment.
Bitcoin suggestion: Long around 110600-110800 with a target of 111500-112000 and a stop loss at 110200; or short near 112000-112200 under pressure. Ethereum suggestion: Long around 2760-2775 with a target of 2800-2830 and a stop loss at 2740.
