From the recent market performance, it is not difficult to see that there have been significant movements recently, with frequent ups and downs, and back-and-forth transitions between long and short positions, but none have continued strongly, and there has been no strong one-sided trend. The market is oscillating up and down; how is the oil in everyone's positions? So, let's take a look at my performance. In the current market, it can be considered handled quite perfectly. Looking at the day, it has been continuously retreating and then surging, but no matter how it moves, the bullish trend remains unchanged. Under the condition that the overall trend has not changed, it is still mainly positioned for low long positions, trying to arrange long positions in the lower support area. Currently, whether long or short, there is no continuation, and it is still oscillating within a large range. Therefore, when placing orders, it is necessary to accurately find resistance and support levels within the range. During the day, pay attention to the upper yesterday's high point of 115900 and the lower support at 113000 to look for bullish opportunities.
From the overall market perspective, although there has been a pullback in the current market, this is a normal pullback, after all, there is no market that only rises without falling. Currently, the price is running around the middle track of the Bollinger Bands, and there have been no strong bearish signals, failing to achieve any substantial breakdown further. Combined with the overall pattern, this pullback will undoubtedly lead to a significant rise afterwards. The recent market is also like this; whatever drops down will recover in the same way. Therefore, for future positioning, we can first observe the strength of the rebound before proceeding with the layout of short positions.
Bitcoin: 113000-112800 can go long directly, target focusing on 115500
Ethereum: 4120-4100 can go long directly, target focusing on 4250$BTC