This Week's Market Review

- Bitcoin: Bulls performed well, stabilizing around 116,400 at the beginning of the week before aggressively pushing up to 122,000; a brief pullback to around 118,500, stimulated again by positive CPI data, surged to a historical new high of 124,500. However, the new high could not hold, and the price has shown a stepwise decline, currently testing the key support level of 118,000. Although under short-term pressure, the overall bullish structure remains unchanged— the 118,000-118,500 area is both this week's pullback low and the previous breakout level; if it stabilizes, another upward attack is expected.

- Ethereum: The movement is highly synchronized with Bitcoin, stabilizing around 4,160 at the beginning of the week before rising strongly, breaking the new high to 4,789 on Thursday; similarly, it could not hold, retracing to a low of 4,367, and is currently rebounding to around 4,500, consolidating.

This Week's Trading Results

Yang Jie Team's Performance:

- Bitcoin: 11 positions, achieving a total gain of 11,750 points; 2 long positions hit stop loss, totaling 828 points.

- Ethereum: 15 positions, achieving a total gain of 1,278 points; 1 position hit stop loss, totaling 37 points.

Current Market Analysis

- Four-Hour Level: After a two-day bullish rebound, it has turned into an alternating up and down trend, currently running below the middle track of the Bollinger Bands; the three Bollinger Bands are extending parallel, and the long-short zone is in a stalemate; the MACD double line has crossed downward and continues to decline, with the negative zone expanding, and the bearish force is dominant, overall biased towards bearish.

- One-Hour Level: Alternating small bearish and bullish movements, the market has entered a "time for space" adjustment period; the price is near the upper track of the Bollinger Bands, but the upward momentum during the day appears weak, showing signs of a halt.

Midnight Trading Strategy

Continuing the high short strategy after the rebound:

- Bitcoin: Short near 118,500, targeting a drop to around 117,000.

- Ethereum: Short near 4,580, targeting a drop to around 4,350.#币安钱包TGE