#比特币巨鲸换仓以太坊 $BTC A beautiful day begins with waking up. Bitcoin and Ethereum both gave expected downward corrections. Bitcoin initially rose from 110811 to the current high of 113429 before falling back to a low of 111829. Ethereum also retraced from around 4645 to 4465, then bounced back to 4633 before dipping to around midnight at 4425. After a night has passed, the extent of the retracement is quite considerable. The short positions we arranged at midnight have all realized profits within this rhythm. Bitcoin was entered at 113035 and 4522, and exited at 111913 and 4433, capturing a space of 1120 points. Ethereum short captured a space of 89 points. This is the charm of understanding the structure. Why not chase long positions during the rise? Why choose to short? This was clearly stated in the midnight arrangements, which can be verified. Today, we continue to short.
From the current market trend analysis, the market is showing typical characteristics of consolidation. Taking Bitcoin as an example, in yesterday's 4-hour K-line chart, when the price touched the upper Bollinger Band (around 113430 USD), it encountered significant technical resistance. This key resistance effectively suppressed the bullish momentum, causing the price to fall back. Currently, it is gradually moving towards the middle Bollinger Band around 111300 to test its support strength. Although there was a brief rebound in the market yesterday, the bullish momentum is evidently weak and failed to form sustained upward momentum. Based on the comprehensive judgment of the current technical situation and market sentiment, we maintain our previous bearish outlook.
Bitcoin: Layout short positions in the range of 112800-123300, with a target looking down towards around 111000.
Ethereum: Layout short positions in the range of 4550-4580, with a target looking down towards around 4400.