The judgment of trends should follow the heart, and the technical aspects have already reached perfection. Trading at any time should not go against the market direction and cannot deviate from its operating trajectory. Going with the trend and taking advantage of the momentum is not only a restlessness on the pen tip but also a practical application. Looking back at this week's market, the overall trend has shown a step-like rise, with fluctuations mainly around 108500 in the early part of the week. After stabilizing here, with the release of a wave of favorable momentum from the Federal Reserve's June meeting minutes at 2 AM on Thursday, the price directly broke new highs and surged to around 112000, followed by a small pullback that stabilized again at the 110000 mark. In the early hours of Friday, the bulls erupted again, and the price surged all the way up, reaching a peak of around 118880. Over the weekend, the price mainly fluctuated around the range of 117000-118200. Currently, the price is near 117800.

From the market perspective, the short-term bulls have been breaking new highs, but the pullbacks have also been significant. Looking at it from the perspective of the parallel price channel, it is clear. Overall, it presents a chronic oscillation upward; this kind of market can be captured for both long and short positions, and the key lies in controlling the space within it. Currently, the four-hour Bollinger Bands have begun to narrow, and the upper band is no longer extending upward, indicating that the continuity of the bulls is weakening. The repeated back-and-forth between bulls and bears has formed an upward oscillation range. Currently, the four-hour Bollinger Bands upper band still overlaps with the high point of the parallel price channel above, so one can continue to short near the high point of the parallel channel and aim to see the low point below the parallel channel. #BTC再创新高 $BTC

Bitcoin swing strategy: short near 118500, target 110000. Ethereum swing strategy: short near 3050, target 2750.