$BTC Yesterday, Bitcoin's market showed a trend of probing higher and falling back: the price slightly rose to a high of 119519 before being pressured again, and then fell back, reaching a low of 117230. Ethereum's evening market synchronized with Bitcoin, quickly retracting after probing a high of 3671, stopping the decline at a low of 3530. During the day, Yang Jie had two long and one short positions in Bitcoin, and three long and one short in Ethereum. The Yang Jie team first arranged a long position in Bitcoin at 118428 in the early morning, exiting at 120000, securing a profit of 1500 points. Then in the morning, they arranged positions in Bitcoin and Ethereum at 119152 and 3465, exiting at 120500 and 3600, totaling a profit of 1485 points. In the afternoon, they arranged short positions in Bitcoin and Ethereum at 120011 and 3650, exiting at 118500 and 3590, totaling a profit of 1560 points. Later in the evening, they arranged two positions in Ethereum at 3519 and 3597, exiting at 3640 and 3660, totaling a profit of 110 points. The most frustrating mindset in the crypto world is that when you cut losses at the bottom, it immediately takes off; when you chase at the top, it immediately gives you a fall.
The four-hour market shows a trend of four consecutive bearish candles and has broken through the middle track of the Bollinger Bands, but the speed of the decline has slowed after the breakout. The Bollinger Bands are opening in parallel, indicating that the recent market volatility has not significantly increased or decreased. The bearish momentum is gradually dissipating, with no strong continuation signals of decline; the KDJ indicator's J value has entered the oversold area, indicating a short-term demand for pullback and correction. Conclusion: After this round of correction ends, the rebound expectation is quite strong. After a series of bearish candles on the hourly level, stopping near the lower track of the Bollinger Bands indicates that there is buying support below, and the support is effective. Overall, the operating strategy suggests that before breaking below the key support area, a low long strategy after a pullback can be adopted to seize potential rebound opportunities.
On Saturday morning, it is recommended to go long in Bitcoin in the range of 117000-117500, targeting 119500.
On Saturday morning, it is recommended to go long in Ethereum in the range of 3550-3580, targeting 3700#币安HODLer空投C #山寨币突破 #美国众议院通过三项加密货币法案 #ETH突破3600 .