The range volatility continues, and the rebound at high positions still short! 8.7 Bitcoin trading strategy

After U.S. President Trump announced a 50% tariff on Brazilian goods exported to the U.S., Brazilian President stated that he would not announce reciprocal tariffs, and his government would not abandon cabinet-level negotiations, but he himself is not in a hurry to call the White House, saying that a call right now would likely just be 'humiliation.' Meanwhile, after India purchased energy from Russia, Trump imposed an additional 25% tariff on Indian goods. The U.S. is really too strong, using tariffs to force weaker countries; their intentions are clear! Yesterday, two waves of short positions made small profits, and the midnight currency price surged again, followed by no significant drop; currently, short positions are held!

From a technical perspective, the daily chart shows alternating bullish and bearish candles, with a bullish candle appearing again in the morning. The upper and lower wicks and the body are nearly equal, indicating a serious contest between bulls and bears. Without massive selling, a drop in the currency price cannot be sustained, so we continue to treat it as a range. Today, focus on the evening initial jobless claims data! Key resistance levels to watch are 115600, 116000, 117000, 1189000, and 119500; key support levels to watch are 113300, 112600, 111800, 111200, and the 110000 mark.

8.7 Bitcoin trading strategy: Aggressive traders can short between 115000-115500, conservative traders can short near 116000, with a stop-loss around 116500, targeting 114000-113500-113300-112600, and a breakdown target around 112000-111800, continuing to move stop-loss to protect profits based on the situation!

8.7 Ethereum trading strategy: Aggressive traders can short on rebounds between 3680-3700, conservative traders can enter near 3730, with a stop-loss around 3760, targeting 3600-3570-3540, and a breakdown target around 3520-3500, continuing to move stop-loss to protect profits based on the situation!

Long position strategy: For Bitcoin, initially buy one hand between 112000-112500, with a stop-loss around 111000, targeting 113000-113500-114000, moving stop-loss to protect profits based on the situation!

For Ethereum, buy one hand on intraday dips between 3550-3570, with a stop-loss around 3510, targeting 3630-3650-3680, moving stop-loss to protect profits based on the situation!

The volatile pattern has not been effectively broken, and the recent struggle between bulls and bears remains unbroken. Although tariffs triggered a wave of selling, the volume wasn't significant. However, the bullish momentum is also insufficient, so we treat it as a range, and act accordingly if a breakout occurs! #ETH巨鲸增持 #美国加征关税