$BTC Yesterday, Bitcoin first dipped to a low of 115865, then rebounded to a high of 119574; Ethereum fell from a high of 3857 to a low of 3616 before rebounding. Yang Jie’s team conducted five multi-directional operations on Bitcoin and one multi-directional operation on Ethereum, all of which yielded profits, with Bitcoin accumulating about 9690 points and Ethereum 89 points. During trading, the emotions of greed during rises and panic during falls can easily lead to mistakes.
After Bitcoin reached a high and then retreated yesterday, it opened today by testing the support at the 116000 level, followed by a bottoming rebound, with the daily line closing as a medium bullish K-line with a long lower shadow, indicating a warming trend. The 4-hour chart shows wide fluctuations with intense long and short battles, as prices switch between the upper and lower Bollinger Bands, showing large volatility but providing operational space for both long and short positions after finding the entry point. Currently, the price has retreated from the upper band to the lower band, and the outlook for continuation of the downtrend looks likely, while the overall bullish outlook remains unchanged. After the high-level fluctuations digest, one can choose to operate in the lower range.
Recommendation for early Wednesday:
- Bitcoin: Conduct multi-directional operations in the range of 118000-118500, targeting around 120000.
- Ethereum: Conduct multi-directional operations in the range of 3680-3710, targeting 3850#NFT板块领涨 #山寨季來了? #稳定币监管风暴 #以太坊突破3700 #GENIUS稳定币法案 .