Then for the market, we will maintain our pace, primarily continuing with the low long strategy for one-way harvesting. However, due to the intensification of the bull-bear game, there are many possibilities in terms of patterns, and the market still needs to consolidate; we will not give up on the space below.
Bitcoin needs to focus on the one-hour crossbars from noon on August 5th and today's noon, specifically the operation in the range of 103500 to 104200. For Ethereum, we should pay attention to the operation in the range of 3575-3600. Both Bitcoin and Ethereum still have demand to test support; many people are likely waiting for a good pullback entry to maximize their profit margin. However, the result is that these people are always waiting, waiting for the highest high and the lowest low, and they end up missing everything.
Today, I will create fluctuations in both sides of the range, planning positions according to the range and handling fluctuations around both sides. Because such opportunities are abundant in the short term, according to past trends, one could have made six trades yesterday, but I provided only one and a half. Even with this one and a half, the entry plan provided is enough to earn half a position.
For Bitcoin, focus on the upper levels of 114800-115500-116500. For the lower levels, focus on 113500-112800-111800. For Ethereum, continue to pay attention to whole numbers, taking 3600 as the benchmark, operating in the range of 3550-3675, trading every 25 points for fluctuations, and planning stop losses for positions. Sell high and buy low. Selling high is for buying low, with a focus on going long.
$BTC $ETH