$BTC The market is never a one-way train; fluctuations are the norm. While most people lose direction in the ups and downs of candlestick charts, true traders have learned to extract patterns from volatility. Yesterday's market is a vivid example: Bitcoin fluctuated precisely between the range of 118548-117662, while Ethereum oscillated orderly between 3609-3527. With our profound insights into support and resistance, and the precise rhythm of switching between long and short positions, we achieved a profit of 1900 points in Bitcoin and 160 points in Ethereum — this is not mere luck but a thorough understanding of market logic.
Technical signals provide clear guidance: Bitcoin's 4-hour Bollinger Bands act like an invisible hand regulating the range, and the 1-hour MACD's entanglement around the zero axis demonstrates the balance of bullish and bearish forces; the triple bottom structure in the 3520-3550 area of Ethereum creates a solid support barrier. The current key points are clear: Bitcoin needs to break through 118800 to open up upward space, while 117200 is an important support below; the breakout of Ethereum's neckline at 3620 is crucial, and the psychological barrier at 3500 provides strong support. It is advisable to adopt a flexible strategy of "breakout following + pullback positioning," while also paying attention to the potential volatility from Federal Reserve speeches. Maintaining position flexibility is a wise move on the eve of market changes.
【Practical Strategy】
Bitcoin:
1) Light long positions near 117500, stop loss at 116800, target 118800
2) Add positions following a breakout at 118800, aiming for 120000
3) If 118800 faces pressure and falls back, take short positions near 118500
Ethereum:
1) After stabilizing at 3550, gradually build long positions, stop loss at 3500, target 3620
2) Add positions following a breakout at 3580, aiming for 3620
3) If 3620 cannot be broken after repeated attempts, look to short near 3600
