The truth of the $BTC market lies in the fluctuations; one-sided trends are merely an illusion. While the majority are anxious amidst the back and forth of the candlestick charts, true traders have learned to extract certainty from volatility. Yesterday's market was a strong testament: Bitcoin fluctuated precisely between the range of 118548-117662, while Ethereum oscillated orderly between 3609-3527. With our penetrating understanding of support and resistance, we executed steady operations through the conversion of long and short positions, capturing a profit of 1900 points in Bitcoin and 160 points in Ethereum — this is not merely luck, but a profound decoding of market laws.
The technical signals clearly guide: Bitcoin's 4-hour Bollinger Bands operate like an invisible hand controlling the range, while the 1-hour MACD's entanglement at the zero axis demonstrates balance between long and short positions; Ethereum's triple bottom structure in the 3520-3550 area establishes a support barrier. The current key nodes are clear: Bitcoin needs to break through 118800 to move upward, and 117200 is crucial support below; breaking through Ethereum's 3620 neckline is vital, and the psychological level of 3500 provides strong support. It is advisable to adopt a strategy of "breakout following trend + pullback for position building", while also paying attention to the influence of the Federal Reserve's speeches. Maintaining position flexibility is a wise choice on the eve of a market shift.
【Practical Strategies】
Bitcoin:
1) Light long position near 117500, stop loss at 116800, target 118800
2) Increase position upon breaking 118800, aiming for 120000
3) If pressured at 118800, short near 118500
Ethereum:
1) After stabilizing at 3550, gradually build long positions, stop loss at 3500, target 3620
2) Increase position upon breaking 3580, aiming for 3620
3) If 3620 continues to be unbreakable, short near 3600 #币安HODLer空投C