#币安HODLer空投DOLO $SOL Wednesday evening Bitcoin market continued the upward trend from the afternoon, with the price rising from the low point of 110306 in the afternoon to the high point of 112568 before stopping and retreating. Ethereum also maintained a volatile upward movement in the evening, with the price climbing from the low point of 4550 in the afternoon to the high point of 4663 before facing pressure. Yang Jie made layout for Bitcoin short and Ethereum short during the day using his high sensitivity to market sentiment, first entering short positions for Bitcoin and Ethereum at 112205 and 4618 respectively in the morning, exiting at 111126 and 4542. Bitcoin made a profit of 1080 points while Ethereum gained 78 points. In the afternoon, he laid out short positions for Bitcoin and Ethereum again at 111600 and 4631, exiting at 110461 and 4562. Bitcoin gained 1140 points while Ethereum gained 69 points. In total, Bitcoin gained 2220 points while Ethereum gained 147 points.
According to the detailed analysis of the current market: on the four-hour chart, the market shows a pattern of two consecutive bullish candles, successfully breaking through the middle track of the Bollinger Bands, but then encountering pressure, with the upper shadow of the bullish candle being relatively long, clearly indicating a significant increase in selling pressure above in the short term. From the one-hour chart, it can be seen that the market is approaching the upper track of the Bollinger Bands in a series of bullish candles, but the upward momentum has clearly weakened, failing to further push the price upward. The daily increase has shown signs of slowing down, releasing a clear stop signal. In summary, based on the current market dynamics, the trading strategy during the midnight period should maintain the operation of selling high after the rebound, utilizing the potential pullback trend in the market to find suitable entry opportunities.
Bitcoin: Short position layout in the range of 112500-113000, target looking down near 11000.
Ethereum: Short position layout in the range of 4650-4680, target looking down near 4500.