$ETH Saturday all day, Bitcoin and Ethereum trends are consistent, both showing a "rise first, then fall" pattern:
- Bitcoin: Started moving up from the low point of 112680 in the early morning, climbed to the high point of 114018 at noon but encountered resistance, then fluctuated downwards, falling back to around the low point of 112721 at midnight.
- Ethereum: Moved up from the low point of 3431 in the early morning, surged to the high point of 3536 at noon but faced pressure, then gradually retreated, with a minimum at midnight touching the low point of 3433.
In terms of operations, Yang Jie’s intraday layout of one short position in Bitcoin and three short positions in Ethereum all made a profit:
- The Bitcoin short position set up in the early morning (entered at 115338, exited at 113011), gained 2340 points;
- The Ethereum short position (entered at 3631, exited at 3466), gained 165 points;
- The Ethereum short position set up at noon (entered at 3527, exited at 3461), made a profit of 66 points;
- The Ethereum short position in the afternoon (entered at 3518, exited at 3465), gained 53 points.
Current market analysis:
- Four-hour chart: The market rebounded after two bearish candles, with moving averages collectively turning upwards, but bearish forces are converging; however, the Bollinger Bands are still opening downwards, indicating that the overall market remains in a downward channel, with a weak market structure.
- One-hour chart: The market had several consecutive bearish candles breaking below the lower Bollinger Band, followed by bullish recovery with two consecutive bullish candles, but the MACD dual lines are converged below the zero axis, failing to release a clear signal for a change of trend, and the current rebound is a routine correction.
In summary, the operating suggestion for midnight is to short after a rebound, with specific strategies:
- Sunday midnight Bitcoin: Set up short positions in the range of 113000-112500;
- Sunday early morning Ethereum: Set up short positions in the range of 3420-3450, targeting 3350. #加密项目