When tomorrow becomes today and then yesterday, ultimately turning into a day that is no longer important in memory, I suddenly realize that I have been unknowingly pushed forward by time. Whether it gets better or worse, you and I are no longer the selves we were yesterday. Treating our current selves well is only for a different tomorrow. Today's market can be described as quite grinding, maintaining a narrow range of fluctuations within a small interval throughout the day. The overall space offered is pitifully small, but there are methods for trading in a fluctuating market. The overall rhythm of the day has been quite clever, approached with short-term and ultra-short-term strategies, and the overall returns have been very objective. In the morning, the market gave a slight rise, peaking at around 112300 before facing resistance, and in the afternoon, it dropped to a low of around 110300. Currently, it is trading around the 111000 level.
From the current technical structure, the daily structure still indicates a strong upward rhythm in the short term, with moving averages and additional indicators showing strong signals, and there has been no effective pullback to change the current situation. On the 4-hour chart, the short-term rhythm is biased toward fluctuations, with back-and-forth movements having relatively small amplitudes. The market has not shown any effective reversal actions yet, and the short-term rhythm is mainly inclined towards fluctuating upward. Therefore, in a fluctuating market, we continue to maintain a low-long strategy. A pullback is our opportunity to enter long positions. Currently, we are in a low-level consolidation, and the candlestick pattern is also showing a bullish trend, so we continue to treat it as low-long!
Wednesday evening Bitcoin: 110500-110000 Long Target focus 113000
Ethereum: 4560-4540 Long Target focus 4650$BTC