$BTC This week's market closes, let's briefly review:
Bitcoin surged to a new high of 123218 at the beginning of the week, then fell to 115736 on Tuesday before entering a wide-ranging fluctuation; Ethereum has been rising steadily after standing firm at 3000 points, reaching a maximum of 3727, with a weekly increase of nearly 800 points, showing particularly bright performance. We have maintained a low long strategy throughout, actively participating in Bitcoin and Ethereum trades. The slight fluctuations at the end of the week do not affect the overall profit, ultimately leading to substantial gains.
If you haven't reached your goals yet, stop blindly operating! Follow the rhythm of Yang Jie’s team to steadily secure your own profits. Let's take a look at the team’s layout results this week:
- Monday: Bitcoin 3 long, Ethereum 1 long, with a total of 4286 points;
- Tuesday: Bitcoin 3 short, Ethereum 2 short, with a total of 4215 points;
- Wednesday: Bitcoin 2 long 1 short, Ethereum 1 long, with a total of 4206 points;
- Thursday: Bitcoin 4 long, Ethereum 2 long, with a total of 4805 points;
- Friday: Bitcoin 2 long 1 short, Ethereum 3 long 1 short, with a total of 4655 points;
- Saturday: Bitcoin 1 long 1 short, Ethereum 1 long, with a total of 1659 points;
- Sunday: Bitcoin 1 long, Ethereum 3 long, with a total of 767 points.
Brothers, flipping accounts isn't that hard! You may not worship gods, but you must believe in the power of trends; the reasoning is quite straightforward. In the cryptocurrency circle, we do not look at bearish promises, only recognize real profits. For friends without a strategy, just follow me; I update market conditions and strategies in real-time every day. If you are not confident in your own operations, just follow the rhythm.
Let's take a look at the trend of mainstream cryptocurrencies:
Bitcoin's monthly line maintains an upward trend, with four consecutive bullish candles continuing. The K line for this month has a certain upper shadow, which is a normal pullback correction after a high. Bullish momentum continues to be released, and after stabilizing, it is expected to continue rising; the weekly line shows a pattern of probing highs and retreating, with a long upper shadow but limited downward space. It is in a wide-ranging oscillation, consistent with the previous judgment of 'alternating between stair-step and oscillating upward.' After the correction is completed, it is expected to attack new highs next week, and we remain bullish.
The Ethereum monthly line shows stronger performance, with a full-bodied bullish candle highlighting the absolute dominance of the bulls, while the bears have almost no counterattack space. Currently, we are only 300 points away from recovering the 4000 point mark. Following this trend, recovery and growth are just a matter of time. As the leading altcoin, although the second coin approached the 1000 point mark previously, it has stabilized and rebounded, demonstrating resilience. It is recommended to be more patient, as it is expected to strengthen alongside mainstream cryptocurrencies.
Overall, the direction of mainstream cryptocurrencies is positive. After a period of correction, Bitcoin and Ethereum are expected to work together to initiate a new round of upward movement. Finally, I wish everyone smooth trading and a full wallet!$ETH