$ETH Market Review

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

- Bitcoin climbed 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 overall operations were successful: Bitcoin had two long positions and one short position, while Ethereum had three long strategies that were executed accurately. Details are as follows:

- Early morning Bitcoin long position: entered at 119961, exited at 119533, a loss of 428 points; then reversed to a short position entering at 119519, exited at 118318, gaining 1200 points, compensating 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, gaining 1140 points;

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

Current Market Analysis

- Four-hour level: After the market rebound, it faced pressure and retreated. The price broke through key positions but encountered significant resistance, and the bullish trend could not continue, needing a pullback to correct and build momentum.

- One-hour level: After a series of bullish candles broke through key positions, the market has retraced. Currently, the price is below that position. Although there is short-term selling pressure, the overall upward trend remains unchanged, and market sentiment is strong.

Operation Strategy Recommendations

In summary, the operation strategy suggests focusing on low buys after pullbacks.

Wednesday Early Morning Suggestions

- Bitcoin: Long near 119500, target 121000

- Ethereum: Long near 4500, target 4650#BTC重返12万