Yesterday, Bitcoin exhibited a typical trend of 'bottom-fishing rebound + oscillation consolidation.' During the early hours, the price quickly stabilized after touching the critical support level of 116370, followed by a strong rebound, reaching a high of 119720 in the afternoon, with a rebound range of nearly 3300 points, forming a clear bullish trend. The Zhuowei team accurately intervened at the initial stage of the rebound, guiding students to synchronize their layouts, successfully locking in 2849 points of core profit, fully capturing the main upward wave market. In the afternoon, Bitcoin entered a range oscillation period, with long and short forces showing a balanced tug-of-war. For this type of oscillating market, the team employed short-term high-frequency trading strategies, and the evening layout of Bitcoin long positions once again earned 515 points, achieving a total profit of 3364 points for the day. During the same period, Ethereum performed strongly, dominating the market with a unilateral upward structure, and the team followed the trend to operate, steadily securing 130 points of profit.
Four-hour level: The price previously broke below the lower Bollinger Band with a large bearish candle, but the shorts failed to continue downward, quickly being pushed back up by the bulls to above the lower band. Although the shorts released some selling pressure, they did not break through yesterday's low of 116370, indicating that the buying support below is sufficient. The current price is in a small range oscillation cycle, with long and short maintaining a dynamic balance for now. Hourly level: The short-term shows positive reversal signals, with the price breaking below the lower band in a stepwise manner, and the bulls began to recover with three consecutive bullish candles, marking the initial release of short-term rebound momentum. In terms of technical indicators, the KDJ three lines have completed their upward turn and are gradually converging, with a golden cross forming, providing strong technical support for the short-term rebound.
Tuesday's operation suggestions
Bitcoin: Relying on support near 117000 to layout long positions, with a target looking towards the 119000 range, and stop loss set below 116000 (outside yesterday's low).
Ethereum: It is recommended to choose timing to go long around 2730, targeting the 3900 area, with stop loss referencing the key support level of 3600.
