The market for $BTC changes like the seasons; where there is a cold winter, there will be a warm spring. In the bear market of the cryptocurrency world, don’t lose heart. Be patient, accumulate quietly, and store up energy. When spring comes, you will bloom even more brilliantly. Late at night again, today’s market can be described as thrilling! I wonder if everyone has successfully profited in this wave of ups and downs? Bitcoin reached a high of around 115700 in the morning, but the bulls showed signs of fatigue, allowing the bears to take the lead. The price dropped all the way down, testing around 113700 in the afternoon before rebounding to oscillate in the 115000 range. However, the evening brought a sudden change, with the price encountering a waterfall-like decline, reaching a low of 112600. It is currently stabilizing around 113300. Ethereum's trend is in sync with Bitcoin, touching a daily high of 3735 before falling back under pressure, with a low of 3555. It is currently reported around 3590, seeking stabilization. Regardless of today’s battlefield, the market is ever-moving, and opportunities are always present. Adjust your mindset and fight again tomorrow! Today, Teacher Daobao managed to secure a total of 2900 points in Bitcoin with two short and one long positions, while Ethereum achieved 189 points with two longs and one short.

Returning to the current market, from a 4-hour perspective, the price is close to the lower middle band, with a short-term trend leaning towards oscillation and adjustment, and has not yet broken through the critical track of the Bollinger Bands to form a clear direction. The middle band of the Bollinger Bands can be seen as a short-term dividing line between bulls and bears. The MACD histogram is in a green shrinking formation. Although it is still in the bearish zone, the shrinking signal indicates that the strength of the bears has weakened. From a one-hour perspective, the price has broken below the middle band, testing support at the lower band after a slight rebound, oscillating between the middle band and the lower band in the short term, with the middle band providing resistance and the lower band providing support. In the early morning, we can develop a strategy around low longs.

Long positions around 112800-113000 for Bitcoin, targeting 114000.

Long positions around 3550-3580 for Ethereum, targeting 3700.