The tides of the $ETH market do not flow in one direction; fluctuations are the norm. While most people exhaust their patience in the back-and-forth of candlestick charts, true traders have learned to accumulate profits amidst volatility. Yesterday's market behavior is strong evidence: Bitcoin fluctuated precisely between 118548-117662, while Ethereum oscillated orderly between 3609-3527. With our profound insight into support and resistance, we captured Bitcoin gains of 1900 points and Ethereum gains of 160 points with a steady rhythm of bullish and bearish transitions—this is not a matter of luck, but a thorough understanding of market logic.
Technical signals clearly guide us: Bitcoin's 4-hour Bollinger Bands define the range like a ruler, and the 1-hour MACD's entanglement at the zero axis speaks of bullish-bearish stalemate; the triple bottom structure in the 3520-3550 area of Ethereum builds solid support. The current key points are clear: Bitcoin needs to break above 118800 to move upward, with 117200 as key support below; the breakthrough of Ethereum's 3620 neckline is crucial, and the psychological level of 3500 provides strong support. It is recommended to adopt a strategy of "breakout following trend + pullback for position building", while also keeping an eye on the Federal Reserve's movements. Ahead of potential market shifts, maintaining flexible positions is the way to respond.
【Practical Strategy】
Bitcoin:
1) Light long positions near 117500, stop loss at 116800, target 118800
2) Add positions in line with the trend after breaking 118800, targeting 120000
3) If under pressure at 118800, reverse to short positions near 118500
Ethereum:
1) After stabilizing at 3550, build long positions in batches, stop loss at 3500, target 3620
2) Add positions after breaking 3580, targeting 3620
3) If 3620 remains unbroken after prolonged attempts, short near 3600
