$ETH Market Review

On Tuesday evening, both Bitcoin and Ethereum demonstrated a strong upward trend:

- Bitcoin rose from a low of 118154 to a high of 120163 before stopping;

- Ethereum rebounded after a slight pullback to a low of 4256, reaching a high of 4518.

Daily Layout Situation

Yang Jie’s operations overall yielded good results: two long and one short position in Bitcoin, three long strategies in Ethereum were all executed accurately. Details are as follows:

- Early morning Bitcoin long position: entered at 119961, exited at 119533, with a loss of 428 points; then reversed to a short position entered at 119519, exited at 118318, gaining 1200 points to compensate for previous losses.

- Morning Ethereum long position: entered at 4221, exited at 4307, gaining 86 points.

- Afternoon Ethereum long position: entered at 4277, exited at 4326, gaining another 49 points.

- Evening simultaneous layout:

- Bitcoin long position entered at 118373, exited at 119513, profit of 1140 points;

- Ethereum long position entered at 4280, exited at 4416, profit of 138 points.

Current Market Analysis

- Four-hour level: after the market rebound, it faced a pullback, with prices encountering significant resistance after breaking through key levels; bullish momentum has not continued and requires a pullback for correction to build momentum.

- One-hour level: after a series of bullish candles broke through key levels, the price has retraced and is currently below that level; although there is short-term selling pressure, the overall upward trend remains intact, and market sentiment is relatively strong.

Operational Strategy Recommendation

In summary, the operational strategy recommends focusing on low buys after retracements.

Wednesday Early Morning Recommendations

- Bitcoin: go long around 119500, target 121000

- Ethereum: go long around 4500, target 4650#比特币市值超越亚马逊