The overall market today presented a fluctuating downward pattern. Bitcoin peaked at 113,511 before facing resistance and falling back, hitting a low of 111,676 in the evening. It then experienced a violent surge to around 117,300 due to news influence, followed by a phase of fluctuation and correction. Ethereum rebounded from a low of around 4,200 in the early morning to a high of around 4,350 in the afternoon, then retraced to around 4,207, similarly driven by news influence, surging to a high of 4,848, followed by a fluctuating rhythm.
Today’s bearish outlook was validated, with points successfully realized. The specific layout for the day is as follows:
• Bitcoin: Entered a short position at 113,489, exited at 112,154, capturing over 1,340 points of space.
• Ethereum: The first short position was entered at 4,348, closed at 4,264, securing 84 points of space; in the evening, another short position was entered at 4,289, exited at 4,210, gaining 79 points of space.
• In the evening, a long position was simultaneously laid out: Bitcoin was entered at 112,331 and exited at 116,944, capturing 4,610 points of space; Ethereum was entered at 4,219 and exited at 4,752, gaining 533 points of space. (Short-term trades are not included in the statistics due to smaller profits.)
Overall, today's fluctuating market created multiple high-probability short-term opportunities, with operational strategies executed effectively, resulting in considerable profits.
From the four-hour cycle observation, prices have been continuously declining, recording multiple bearish candles in the meantime. After breaking below the middle track, it further dipped near the lower track. Recently, the market welcomed a turning point with a strong bullish candle that not only broke through the middle track but also continued an upward trend. The short-term trend is showing a characteristic of shifting from weak to strong, while bullish momentum is gradually accumulating with sufficient energy release.
Switching to the one-hour cycle, the market also conveys clear bullish signals, with current bullish momentum remaining strong, and no obvious signs of short-term exhaustion.
In summary, the operational strategy for Saturday can focus on laying out long positions:
• Bitcoin: Lay out long positions in the range of 116,000-116,500, targeting around 118,000.
• Ethereum: Lay out long positions in the range of 4,730-4,760, targeting around 4,850. #杰克逊霍尔会议 #亚洲家族办公室加密资产配置 #名人MEME热潮