The trading week ending on $BTC has concluded, reviewing the market over these seven days, it resembles a protracted tug-of-war between bulls and bears. Entering the market with predictions about the trend, both sides exchanged blows throughout the day, until the weekend close, where the fluctuations finally separated the winners from the losers. From the price trend, it shows an overall sharp decline followed by stabilization: Bitcoin surged to around 119800 but then weakened in upward momentum, descending to a low of around 111900, before entering a phase of oscillation and stabilization; Ethereum mirrored this volatility, sliding from a high of around 3941 down to a low of around 3355, before similarly stabilizing.
Yang Jie has placed a total of 12 Bitcoin trades, achieving a total of 14085 points, and has also placed 12 Ethereum trades, gaining a total of 954 points.
The current market sentiment is shifting towards the positive, with warm signals being released across various cycles: the daily chart, after consecutive bearish adjustments, has shown a strong bullish candlestick, reigniting upward price momentum, laying a favorable foundation for future trends. In the 4-hour Bitcoin chart, the downward oscillation has concluded, and the market is starting to break upward. Previously, after the price fell below the lower Bollinger Band, it gradually stabilized and rebounded, now it is making a push towards the middle band, with initial signs of upward momentum. The 4-hour Ethereum chart is climbing with consecutive bullish candles, although the upward space has not fully opened, the intention of the bulls is quite evident, and the upward trend is poised to launch. From a trend perspective, the breakout momentum is accumulating, and there is a high probability of breaking through the middle band and further opening up upward space. Looking at the 1-hour chart, although there is a tug-of-war between bulls and bears, the bulls still hold the initiative. Based on this, evening operations can focus on positioning long trades during pullbacks, relying on key support levels to follow the trend.
On Monday morning, it is suggested to place long trades in the 113000-113500 range for Bitcoin, targeting 115500.
On Monday morning, it is suggested to place long trades in the 3430-3460 range for Ethereum, targeting 3580#美联储利率决议 #加密项目 #美国加征关税 #加密市场回调 #美国初请失业金人数 .
