Good morning, friends! As we enter the weekend, the market for Bitcoin is noticeably smaller, maintaining an overall range of 117000~118500 with fluctuations of just over a thousand points. It's unrealistic to expect to make significant profits from such market conditions, but if you manage the rhythm well and engage in short-term trading, you won't miss out on gains. Yesterday, Xiangyu publicly shared three trading strategies, all perfectly aligned with the market trends, resulting in a total gain of 6536 points from Bitcoin and 284 points from Ethereum, validating the trading philosophy that only by following the trend can one progress further.
From the current market perspective, since Bitcoin entered the consolidation phase, both upward momentum and pullback intensity have clearly weakened, with volatility gradually contracting. The market is fully engaged in the final directional competition. The four-hour Bollinger Bands are opening upwards, momentum is decreasing, and the candlestick pattern is alternating between bullish and bearish, indicating a shift from a unidirectional uptrend to a tug-of-war. However, the overall market remains within the previously established upward channel and has not broken out. The daily chart is about to close the fourth consecutive bullish candle with a long upper shadow, indicating some selling pressure above, which will be released during the weekend's consolidation process, preparing for the next bullish offensive. Therefore, our strategy in the morning remains unchanged, continuing to look for bullish opportunities.
Bitcoin: 116800~117100 bullish, aiming for 118600.
Ethereum: 2900~2920 bullish, aiming for 3010. #BTC再创新高 #美国加征关税 $BTC $ETH