$BTC This week's market wraps up; let's take a simple review:
Bitcoin surged to a new high of 123218 at the beginning of the week, then fell back to 115736 on Tuesday before entering a wide range of fluctuations; Ethereum stabilized above 3000 points and surged strongly, peaking at 3727, with a weekly increase of nearly 800 points, performing exceptionally well. We maintained a low long strategy throughout, actively participating in the layout of Bitcoin and Ethereum. The slight fluctuations at the end of the week did not affect the overall rhythm, and we ultimately reaped great rewards.
Haven't reached your goal yet? Stop trading blindly! Follow Yang Jie's team rhythm to steadily earn back your profits. Let's take a look at the team's layout results this week:
- Monday: Bitcoin 3 long, Ethereum 1 long, totaling 4286 points;
- Tuesday: Bitcoin 3 short, Ethereum 2 short, totaling 4215 points;
- Wednesday: Bitcoin 2 long 1 short, Ethereum 1 long, totaling 4206 points;
- Thursday: Bitcoin 4 long, Ethereum 2 long, totaling 4805 points;
- Friday: Bitcoin 2 long 1 short, Ethereum 3 long 1 short, totaling 4655 points;
- Saturday: Bitcoin 1 long 1 short, Ethereum 1 long, totaling 1659 points;
- Sunday: Bitcoin 1 long, Ethereum 3 long, totaling 767 points.
Brothers, isn't it that hard to flip positions? You may not worship gods, but you must believe in the power of trends; it's that simple! In the crypto world, we don't rely on bearish promises, only recognize real profits. Friends without ideas, following me is definitely correct; I provide real-time updates on market conditions and strategies every day. If you're not confident in your own operations, just follow the rhythm.
Looking at the overall trend of mainstream currencies:
Bitcoin maintains an upward trend on the monthly chart, with an unchanged four consecutive bullish candles. Although this month's K-line has some upper shadow, it is a normal pullback correction after a surge, serving as a buildup for future strength. Bullish volume continues to be released, and after stabilizing, it is expected to continue rising; the weekly chart shows a pattern of probing high and then retreating, with a long upper shadow but limited downside space, in a state of wide fluctuations, consistent with the previous judgment of 'alternating stair-step rises and oscillating rises.' After the oscillation correction is completed, it is expected to continue the upward attack next week, maintaining a bullish outlook, targeting new highs.
Ethereum's monthly performance is even stronger, recording a solid large bullish candle, with bullish power absolutely dominant, and bears have almost no space for counterattacks. Currently, it is only 300 points away from reclaiming the 4000 point level. At this trend, reclaiming and rising is just a matter of time.
As the leader of altcoins, although it once approached the 1000 point mark, it stabilized and rose again, proving its resilience. It is recommended to be more patient, as it is expected to strengthen synchronously with mainstream currencies in the future.
Overall, the trend of mainstream currencies is positive. After oscillation correction, Bitcoin and Ethereum are expected to jointly start a new round of upward momentum. Finally, I wish everyone smooth trading and a full wallet.
