After the morning price of Bitcoin ($BTC ) dipped to a low of 116492, it stabilized and rebounded, reaching a high of 119730. It then retreated to 117830 before rebounding again, oscillating around 119200. Ethereum, on the other hand, has been on a steady upward trend, moving up from a low of 3682, briefly touching a high of 3859 in the evening, outperforming Bitcoin.
During the day, Bitcoin's "three longs and one short" strategy gained 4114 points, while Ethereum's similar strategy achieved 177 points, confirming the profit opportunities in the market. The oscillating pattern of Bitcoin shows a tug-of-war between bulls and bears, with effective support at 116492; Ethereum's continued rise indicates bullish dominance and ample buying momentum in the short term.
From a short-term perspective, if Bitcoin holds above 116492, it is likely to challenge 119730, but if it breaks down, stronger support will need to be sought; Ethereum needs to stabilize above 3800 to maintain its upward trend, while a breach may lead to a correction.
Trading is like a practice; ups and downs are the norm. The regret of chasing prices and the reversal after cutting losses are just part of the journey. Be patient and wait for the trend to reveal itself; don’t let numbers disturb your mind—deep focus during late-night trading and reflection will eventually transform into trading intuition.
Bitcoin strategy: Buy on a pullback at 117000-117200, target 119500; conversely, sell if it goes the other way.
Ethereum strategy: Stabilize and go long at 3720-3750, target 3900-3950, stop loss at 3680, follow the trend and manage risks carefully. #Strategy增持比特币