Saturday, July 19th - Fluctuation Strategy
The early morning rebound benefited from significant capital inflow on the blockchain, but overall, the market still tends to fluctuate, making it difficult for a unilateral trend to emerge.
The support of the descending trend line on the hourly chart is still in place, and there is still some room for short-term speculation.
Bitcoin Trading Strategy:
There is resistance around 118500, so consider shorting once to test the opportunity, with a target around 117300; after reaching this, you can lightly go long for a short position.
On the Ethereum side, although there was a pullback overnight, it stabilized above 3500, showing signs of capital support. However, the short-term trend is volatile, so it's recommended to remain cautious and wait for a clearer direction before taking action.
It's Friday, so don't rush the pace; the market is progressing slowly, and patience is key.
Don't forget to take a break; preserving your resources will lead to future opportunities.
