#Strategy增持比特币 #币安Alpha上新 #特朗普加密新政 $ETH The market continued to decline yesterday afternoon. The price of Bitcoin rebounded slightly after retracing to the 119,000 mark last night. It again reached our expected point in the early morning. We exited our long positions as well. The short positions set around the high were also successfully exited in the morning. This morning, there was a strong downward movement that stopped at the low line of 118,000.
Ethereum retraced to the low of 4164 last night and rebounded. It again refreshed the recent high reaching the line of 4370 in the early morning. This morning, it retraced again by over 200 points, stopping at the line of 4185.
All the long positions we set last night reached the expected points.
Bitcoin long positions gained 1241 points, short positions gained 1689 points.
Ethereum long positions gained 170 points, short positions gained 141 points.
Once again, Old Chen wants to say: Many people say what’s hindsight analysis. You might as well take a look at the publicly available real-time strategies on the internet; they have timestamps, and each post is time-sensitive. Please keep your eyes wide open when following along! Recently, there has been frequent washing of positions. If you really can’t grasp it well, you can follow Old Chen for detailed strategies.
Due to the time needed for indicator adjustments, the market requires an adjustment period in the short term. The specific form of correction may be high-level adjustments or pullback adjustments, depending on the overall dynamics of the market. Currently, the market's short-term trend leans towards a downward movement, which may be accompanied by multiple peaks and pullbacks. Although there is a trend of correction, it is not a one-sided decline. Therefore, the overall trend will frequently oscillate. In the short cycle, we should mainly focus on the trend of pullbacks. If there is another rebound, we need to be cautious of the extent of the correction. For today, we first look for a pullback adjustment and then plan long positions around the low levels.
Bitcoin: Long at 118200-118500, Target 120000.
Ethereum: Long around 4250, Target 4350.