Opportunities here are never lacking; what is lacking is the sharp vision to discover opportunities and the courageous determination to seize them. Every market fluctuation is like nature's sieve, eliminating those who blindly follow trends and lack critical thinking, while leaving behind the strong who uphold their understanding and strictly adhere to discipline. The consistent gains in Bitcoin and Ethereum are a result of seizing opportunities in line with market trends, with Bitcoin capturing over 2904 points and Ethereum capturing over 148 points safely in profits!
From the hourly technical perspective, the Bollinger Bands show a strong convergence trend, which is usually a signal that the market is about to experience significant volatility, indicating that a new round of major market movement is approaching. After a surge in the early morning market, the bullish trend gradually weakened, while bearish forces continued to accumulate and gradually gained the upper hand. The subsequent strategy will continue to adhere to a rebound and short strategy, waiting for the official outbreak of the major market movement to seize trading opportunities brought by bearish strength.
Operational Suggestions
Bitcoin Strategy: Short around 111500, target: around 109200.
Ethereum Strategy: Short around 2790, target: around 2730.
