$BTC Midnight Bitcoin trading activity declines, and volatility continues to narrow. The price retraced to 116611 and quickly stabilized and rebounded, with the rebound peak reaching 118121, maintaining a high-level sideways trend overall, and the forces of bulls and bears are temporarily in a state of balance. The long position we established around 11700 at midnight closely followed the rhythm of the oscillating market and ultimately closed with a small profit. Although this operation captured a fluctuation space of 870 points, in the current stalemate, locking in profits is more crucial. In market speculation, what is secured is the real profit. Are you struggling with not capturing a larger fluctuation? Don’t forget, the solidness of securing profits is the strongest backing.

From an overall trend perspective, the current trend of Bitcoin is quite clear, with prices oscillating around the upper middle band of the Bollinger Bands, and the confrontation between bulls and bears within this range is very evident. The hourly trend is slowly entering the final stage, and the previous significant momentum release has almost ended, with the market temporarily entering a power accumulation and consolidation phase, making extreme one-sided market movements unlikely in the short term. For the upcoming operations, there is no need to pay too much attention to short-term fluctuations; just focus on the key support level of the middle band of the Bollinger Bands — this will be an important starting point for bulls to regain strength. Once the price retraces to the middle band and stabilizes, it will typically be accompanied by the release of a new round of upward momentum, and the pattern of 'touching and rebounding' has been confirmed multiple times in recent trends. Therefore, if the price experiences a slight pullback in the morning, it will instead be a good opportunity to lay out long positions, relying on the support of the middle band and patiently waiting, without being disturbed by the short-term oscillation washout.

Saturday's Bitcoin strategy: Look around 116800-117200, targeting 119000. #交易策略误区 #套利交易策略 #BTC再创新高 #ETH突破3000 #山寨季何时到来

Saturday's Ethereum strategy: Look around 2890-2920, targeting 3050.