$BTC Review of Yesterday's Market: On Monday evening, Bitcoin experienced minimal fluctuations, with prices retreating to a low of 117726 before stopping the decline and slightly rebounding to a high of 119200; Ethereum, on the other hand, rose after oscillating, probing up from an afternoon low of 3755 to a high of 3860. Yang Jie's team achieved great success during the day:
- Early morning Ethereum long position (entered at 3765, exited at 3810) gained 45 points;
- Morning Bitcoin long position (entered at 116780, exited at 118000) earned 1200 points;
- Afternoon double long positions profited simultaneously: Bitcoin (entered at 118190, exited at 119400) gained 1210 points, Ethereum (entered at 3745, exited at 3810) gained 65 points;
- Evening Bitcoin long position (entered at 117890, exited at 119000) gained another 1100 points.
In total, Bitcoin's three long positions gained 3530 points, while Ethereum's two long positions gained 110 points.
Currently, Bitcoin is pulling back after a high, with the four-hour chart showing the end of a symmetrical triangle convergence. Conservative strategies can wait for the four-hour close; if it stands above 118500, further long positions can be pursued, with a stop loss set below 116000.
Regarding Ethereum, after a volume surge, the 24-hour volume has decreased, indicating a brief bull pause. The 50 EMA has crossed above the 200 EMA, confirming that the medium-term upward trend remains intact; short-term patterns are difficult to reverse, maintaining the judgment of "not shorting unless below 4000."
Attention should be focused on the White House's cryptocurrency policy report tomorrow afternoon and the impact of Powell's speech on coin prices in the evening.
Tuesday early morning strategy:
- Bitcoin: Long position in the range of 117000-117500, target 119000
- Ethereum: Long position in the range of 3730-3760, target 3850#稳定币监管风暴 #Strategy增持比特币 #NFT市场回暖 #加密立法新纪元 #GENIUS稳定币法案