$ETH Since the slight rise phase last night, after the price broke through the 116000 level, it has once again retreated to test the bottom support. After a slight pullback, it quickly closed with a positive candle again. Until this morning, the price of Bitcoin reached a peak of 117591 before facing pressure. Currently, the price of Bitcoin has again given a slight pullback. Ethereum is basically showing a one-sided upward trend, with a peak reaching 3935 this morning. The approach we suggested to our students from midnight to morning, first short then long, was fully executed.

From a technical analysis perspective, the four-hour K-line has been hovering near the upper band of the Bollinger Bands, which clearly indicates that although the current market is in a fluctuation pattern, there is still strong upward momentum hidden within the overall trend, which is a strong proof that the bulls firmly control the market dominance. Switching to an hourly chart, the three lines of the Bollinger Bands are showing a parallel and stretched state, which is a typical feature of the market entering a sideways consolidation. In the face of this type of market, investors need to not only accurately grasp the timing of entering the market but also decisively execute profit-taking exit operations, so as to fully capture the gains brought by each wave of fluctuations. #下一任美联储主席人选 #美国加征关税 #香港稳定币新规