$BTC Early Morning Market Review:
Bitcoin surged to around 118200 before oscillating back down, hitting a low of 117301 to stop the decline; Ethereum rebounded from a low of 3534 to a high of 3597, then fluctuated within the range. During the midnight period, Yang Jie’s team accurately positioned multiple longs for Ethereum, entering at 3534 and exiting at 3590, securing a solid 56-point gain.
While others camp, barbecue, and enjoy the sunset on weekends, you are glued to the charts, bottom-fishing and cursing the main players—K-line charts are more familiar than social media feeds, and price movements are more frequent than flipping kebabs; this is the weekend routine of crypto enthusiasts.
Current Market Analysis:
- Four-Hour Level: After four consecutive bearish candles, the price stopped falling at the lower Bollinger Band, with a slight rebound, but the Bollinger Band continues to compress, leaving both bulls and bears in a stalemate.
- One-Hour Level: In a rebound with consecutive bullish candles, the price is gradually approaching the middle Bollinger Band, but the body of the bullish candles is relatively small; combined with the downward opening of the Bollinger Band and shrinking trading volume, the market is overall in a low volatility range, with small cycles showing a zigzag correction.
Operational Strategy: In the morning, focus on the oscillation range, using a high short, low long strategy to capture high and low point opportunities.
Sunday Morning Strategy:
- Bitcoin: Long in the range of 117000-117500, target 119000
- Ethereum: Long in the range of 3530-3560, target 3650#加密立法新纪元 #GENIUS稳定币法案 #币安HODLer空投C #山寨币突破 #ETH突破3600