陈曦论势

The cryptocurrency market is not a simple gold mining place; it is the ultimate testing ground for cognition, mentality, discipline, and luck. It can amplify your human weaknesses—greed and fear. True inspiration is not about reveling at the peak but maintaining rationality, continuing to learn, and holding hope during the lowest valleys. In the evening, a technical correction began to form, with Bitcoin continuously declining from the 109653 line, currently reaching a low of 108566. Ethereum has strongly declined from the 3943 high, currently down to the 3843 line. After reaching the low, there is some rebound space, but the overall weak structure has not changed at all. In the afternoon, hmm, hmm. That apple is also not there. I am too. What does it mean? I also took three points. Tomorrow, everything will be there. Warning: orange short position. The Bitcoin short at 109644 has currently gained 1024 points, and today’s Ethereum short at 3941 has currently gained 68 points. This structure remains the same. The bearish trend has not changed at all. In the evening, continue to focus on shorting during rebounds.

From the current market perspective, the Bitcoin daily line is still in a continuous decline, currently operating below the middle track. After touching the upper track last week, it faced slight pressure and began to decline. In the short term, there are signs of continuing to test the middle track support. If this position breaks down, it will lead to a significant and sustained decline. The 4-hour level, after facing pressure from the upper track last week, has formed a continuous wave-like decline, currently moving into the second wave down. The arm has dropped from the upper track to below the lower track, closely following the lower track line and continuing to decline. The short-term trend is already occupied by bears. Therefore, today we suggest focusing mainly on shorting during rebounds.

Bitcoin: Short directly around 109500-111000, with a short-term target first looking at 107500. This week, focus on the mid-line around 105000.

Ethereum: Short directly around 3950-3970, with a short-term target first focusing on 3850. This week, focus on the mid-line around 3500. $BTC

The short-term movement in the afternoon is relatively slow. The bearish breakdown structure did not continue. The plan was to rebound and find points for follow-up, but from the perspective of strength and magnitude, the points planned for noon are obviously slightly higher, so we have been waiting. The movement still follows the previous breakdown and pullback; each step back is just to build momentum for a better downward movement. Structurally, the rebound cannot break this round of completed bottoming structure, and in terms of shape, the rebound is still defined as an oscillation correction process. Continue to pay attention to Bitcoin 109600-111000 short, target focusing on 108000. Ethereum 3950-3970 short, target focusing on around 3850. $BTC

Cutting meat is for survival; stubbornly holding may lead to zero. Stopping loss is not conceding, but rather for a better entry next time. When each wave of trend arrives, your first intuition is often wrong, especially during market panic or frenzy. The three most dangerous words in the cryptocurrency world: 'This time is different.' "Earning oil relies on cognition, losing bamboo shoots relies on emotions. The market on Friday underwent a violent drop in the early morning, with Bitcoin touching the resistance at 108574 before stopping the rebound. Currently, it has recovered to a maximum of 109766. Ethereum stopped falling at 3822 and simultaneously welcomed a strong rebound, recovering to a maximum of 3975, not regaining too much lost ground from before, and currently only showing a small rebound repair, with no significant recovery actions upward, so it can continue to focus on high short positions. The positions, ideas, and directions have all been publicly stated in advance; if you follow this wave, you can make gains; if not, you can only regret and sigh.

Currently, the daily line still shows a consecutive positive structure, while the four-hour chart has seen a high position retraction, breaking the middle track. The previous critical point of the rise has been breached, changing the previous slow rising pattern. According to the current trend structure, the focus of the layout is on the continuation and strength of the downward decline. If it fails to continue and repeatedly turns upward, then there is an expectation of a rise in the future. Additionally, the downward space remains valid, so the short-term return to the oscillation consolidation range is still in the oscillation consolidation phase, waiting for an effective breakout to follow the trend continuously. Currently, the focus above is still on the touch near the starting point of the decline; if it cannot recover, there is still a downward expectation. Secondly, the support strength near the bottom, if it continues to break down, will increase the space for retracement adjustments. Currently, the trend continues to oscillate and consolidate within the range, waiting for a directional breakout to form continuity to follow the trend, flexibly responding on Friday.

On Friday afternoon, Bitcoin can be shorted at 109900-111200, with the initial target focusing on 108000. Ethereum can be shorted at 3965-3985, with the initial target focusing on 3850. $BTC

Many things come naturally, and cannot be rushed or forced. Any beautiful state will not easily arrive. After enduring enough hardship in the present, the sweetness of the future will come naturally, and you will be able to enjoy it with peace of mind. In the early morning's decline, the overall movement in the morning did not fluctuate much, and neither the bulls nor the bears provided significant continuation; it was more about running at a corrective pace. Although the ideas presented recently may not be as precise as in previous days, overall there are still opportunities to be seized, and losses are also unavoidable. After stopping losses in the early morning, the strategy was to follow the trend and short again, recovering the losses, with the Bitcoin short capturing 1350 points and the Ethereum short also capturing a 60-point range. Currently, the price comparison has maintained a trend of oscillation and adjustment, without breaking out of a significant range, and the recent high yield is still being maintained; partners who want to participate can find this side at any time.

From the current market perspective, after a price pullback, it maintains a consolidation at the previous low, indicating that there is still pressure above, while the space below is also limited. This signal aligns relatively well with the current market's corrective pattern. From the current structure, there is not much space visible at the bottom, and the coin price is oscillating around the 109600 area; the current price range is relatively small, and the short-term moving averages are basically in a state of convergence, tending to maintain a slightly oscillating trend in the short term. On smaller time frames, the continuous oscillation and technical repair patterns are gradually adjusting, and in the short-term market, there is still a probability of some rebound space. Therefore, each rebound is an opportunity for us to enter short positions.

In the afternoon, Bitcoin can be shorted in the range of 109900-111200, targeting around 108000. Ethereum can be shorted in the range of 3960-3980, targeting around 3850. $BTC

The price comparison continued to follow yesterday's trend after a decline yesterday, with a minimum drop to around 108574. The long positions entered last night were also quickly exited. As mentioned yesterday, until the price breaks down, we still treat it as a fluctuating trend. If it breaks down, we need to learn to follow the trend. In the early morning, the price has already broken that level, so we also directly exited the long positions and immediately entered short positions. This was consistent with our expectations. After the price broke down, the speed of decline also accelerated. The short positions we entered gained 2500 points, while Ethereum followed the trend and gained over 1500 points. In comparison, the points exited from long positions are negligible. Therefore, before each trading decision, I always have my own trading strategy and methods to respond to various market conditions. When market conditions arise, the time to react is limited, and trading is not about blindly guessing.

From the daily chart structure, the price has experienced a continuous decline with bearish candlesticks, not only breaking below the previous day's low but also closing at a low position, forming a continuous bearish combination on the daily chart. This kind of transition into continuous bearish candlesticks during a high-level uptrend has broken the previous strong pattern. Additionally, the stock market has declined for more than three trading days, further weakening the market's strong pattern. More worrying is that the price has broken the support of the previous low of 111500, rendering the key support ineffective. Once this short-term bullish-bearish conversion occurs, it means that the short-term market has turned bearish. The 4-hour chart shows the Bollinger Bands' lower track opening, with the middle track pressing down and forming resistance. This has become today's strong-weak dividing line for short-term trading, indicating further declines. The 1-hour chart shows a small staircase-like downward channel. As the last period did not strongly recover lost ground, it closed at a low position. Therefore, there is a high probability that today's decline will continue.

In the morning, Bitcoin is directly short around 109600-111000, with the first target at 108000. Ethereum is directly short around 3950-3980, with the first target at 3800. $ETH

In the art of trading, one must understand the balance between restraint and boldness; being focused and determined, yet also daring and unrestrained. In the face of market conditions, we should wait patiently like hunters, and when facing Lyrun, we should remain calm as one would in normal circumstances. The evening news release and the opening of the US stock market provided strong downward pressure. Bitcoin fell continuously, reaching a low point of 108575 before halting its decline. In the past two days, the rebound has not changed the bearish trend. From yesterday morning to today morning, the price continued to trend downward, once again dominated by bears. Ethereum is more strongly bearish compared to Bitcoin, hardly giving bulls much room to resist. From the high point of 4204 last night, it has continuously broken down, and today the 4000 mark has been breached again after more than a month, with the current low reaching 3822. The bullish recovery strategy given during the day has also shown some strength, although it resulted in a small loss for one position, the medium to long-term bearish positions have achieved substantial gains. After the evening price rebound, arrangements for short positions were made, with Bitcoin around 111600 and Ethereum around 4000, once again capturing a space of 2500 points and stopping at 3850, securing a space of 150 points.

Currently, the market shows that Bitcoin has formed a seven consecutive bearish candle pattern on the daily chart, and there is no significant resistance from bulls. It is currently operating below the middle track, overall the situation reflects low bullish sentiment, and there is a trend of market dominance shifting back to bears, with expectations of entering a new round of adjustment cycle. After several days of intense fluctuations and the tug-of-war between bulls and bears, the market ultimately returns to a downward trajectory, with the bearish trend on the daily chart continuing to deepen. In the short term, weakness is evident, and the accumulation of weakness is difficult to reverse quickly. Even if there are signs of a rebound in the short term, it cannot change the rhythm of the bearish trend. Therefore, it is still recommended to enter mainly short positions in the future, following the footsteps of the bears, waiting for the market to further decline and adjust.

On Friday morning, Bitcoin around 109500-109800 can be shorted, with the initial target focusing on 107500.

Ethereum around 3910-3930 can be shorted, with the initial target focusing on 3800. $BTC

Every investment in purple is an opportunity for growth. We must learn to draw lessons from failure and summarize experiences from success. Do not be afraid of making mistakes, because every mistake is a step toward success. Recently, the chart hasn't been updated much because the fluctuations have been small, focusing on short-term arrangements, while the long positions set in the evening were directly swept away as it dipped to around 110800. The long positions in Ethereum were also caught off guard by this dip, unfortunately getting swept away. This is the first instance of a sweep this month; if we make a mistake, we must acknowledge it. There is still room for improvement, and the key is to timely adjust our strategies and continuously refine our ideas. We should face every challenge with a positive mindset. Because only by moving forward in the storm can we see a more beautiful rainbow.

From the current overall structure, Bitcoin has seen a bottom reversal closing. Although it hasn't stabilized above the first line, it seems that a breakout is just a matter of time. The current upward structure has provided continuation space, with both momentum and formation being relatively sufficient compared to before, and it is unlikely to reverse direction for a deep adjustment, at least not for now. As for where it can reach, we still maintain a strong stance without guessing the top, after all, there is limitless upward potential. In terms of the short-term comparative trend structure, the bullish trend will continue in the future, so we still need to be wary of pullback spikes, hence we will continue to adopt a bullish mindset moving forward.

Bitcoin is focused around 111200-111000, expecting to see above 113000, while Ethereum is focused around 3955-3935, expecting to see 4100$BTC .

In exchange art, one must understand how to control the balance, being both dedicated and bold. In facing market trends, we should be patient hunters, and when dealing with Li Run, we should remain calm as if viewing the norm. Recently, the market has seen intense bullish and bearish battles; we are also accurately managing both sides, helping our followers increase their positions once again. Fans burdened with debt are constantly recovering, all moving in a positive direction. Looking back at the afternoon trend, the big pie paused at the 111389 line after hitting the bottom, and the bulls rebounded to recover in the evening to 112220. Ethereum dropped to the 3984 line and paused, showing a strong rebound during the day, currently rebounding to a high of 4052. In the afternoon blog, Old Chen had already provided a bullish outlook for the market, which was all realized and validated during the day. The long positions near 111400 and 3992 laid out in the afternoon were all successfully captured, with the big pie suggesting to exit near 112200, gaining 700 points, and Ethereum suggesting to exit near 4050, gaining 60 points.

From the current market view, the middle track of the big pie on the daily and four-hour levels continues to play a key role in distinguishing between bullish and bearish forces. Once this key position is lost, it leads to acceleration and deeper adjustments, failing to stabilize support. If today’s market can rebound and recover above the middle track, the market trend will still lean towards another upward movement. In the current trend, the short-term selling pressure forming bearish volume has basically been released, and the sentiment of further declines is gradually dissipating. The market is currently in the process of constructing bottom support, preparing for the next upward surge, indicating the establishment of a new trend. Although the market will still face a period of consolidation, it will continually test the stability of the lower support levels, thereby rising again and effectively recovering the process. Therefore, in the short term, we look for the continuation of adjustments, while in the medium term, we still hold a bullish outlook.

In the evening, the big pie near 111500-111300 can be directly long, targeting 113500. Ethereum 4015-3995 can also be long, targeting 4130. $BTC

In the cryptocurrency circle, patience is not inactivity, but rather the highest-level action strategy. It is not enduring hardship, but a calm wait after understanding the rules. Time and market conditions are the fairest judges, and they will ultimately reward those who steadfastly hold onto a certain direction amidst uncertainty. The recent market rhythm is also relatively regular, with upward recovery in the evening and midnight, and a downward cycle during the day. After continuing to give a bullish outlook for the market in the morning, there was a slight deviation in the day's market after a pullback. The price of Bitcoin faced pressure after reaching the high point of 113895 in the early morning, and the afternoon bears, though late, came down to 111389, refreshing the recent low. Ethereum faced pressure and fell back after a rebound to 4204 yesterday, with the afternoon bears continuing, currently dropping to a low of 3961. Although the short-term trend has deviated from the outlook, the given orange line within the solid support is still quite precise. The long position suggested at 112420 in the morning directly reached 113300, capturing more than 900 points of space, while Ethereum was bought in batches at 4062 and 3966, gaining 73 and 71 points of space respectively.

Currently, the short-term moving average indicators still show an upward trend. The short-term market needs some time to consolidate for a better price upward breakout. Looking at the 4-hour candlestick structure, the alternation of bullish and bearish candles has formed a bottoming rebound. It has once again recaptured the middle track of the four-hour chart. Currently, after the bulls have increased volume, there is a slight pause, and the trend is accumulating strength for the next market rise. Overall, the larger direction remains bullish. Although there has been a local pause after the bulls have increased their volume, this is only temporary, and the market still has the potential for further force. The previous rise and rapid fall are also within the market's expected pattern. The current technical structure is showing a trend of consolidation and correction while slowly rising, with indicators still pointing upwards. Therefore, in terms of operational strategy, it is still recommended to follow the bullish trend.

On Thursday afternoon, Bitcoin can be directly bought near 111500-111000, with a target of 113500.

Ethereum can be directly bought near 3980-3960, with a target of 4100. $BTC

The midday market did not provide much space. After the morning rebound recovered to the 113590 level, it faced pressure and fell back, with the lowest point in the afternoon reaching the 112380 level. From an overall trend perspective, this wave of correction is still within expectations. Currently, the correction is testing the support below, but if it breaks below the previous low of 110900, it means that it will continue to move downward. At present, the overall market volatility space is not large, and it is caught in a tug-of-war, with neither bulls nor bears having effective continuation. For the current market situation, accumulating positions with a short-term operational mindset is still very good. The overall trend and rhythm are operating in a cyclical manner within the box, providing good entry opportunities for both bulls and bears. Our recommendation for trading today is to mainly focus on low longs and complement with high shorts.

From the current market perspective, the 4-hour trend is very clear. Recently, the market has not seen much continuation from either side, and the overall market is oscillating back and forth around the upper and lower bands of the Bollinger Bands. In the afternoon, after reaching the lower band support, it rebounded again. Currently, it can be clearly said that we are in a box oscillation rhythm, so in terms of operation, do not focus too much on one-sided trades. If the upper resistance does not break, one can consider going short; if the lower support holds, one can consider going long. The key is to trade both ways to gain profit.

Bitcoin:112300-112000 Long Target: Focus on 114500
Ethereum:4060-4040 Long Target: Focus on 4200$BTC

Recently, we have been reminding everyone that before there is a breakout in the range, we should approach with high shorts and low longs. Last night, we publicly indicated that at the 112000 line, the orange was set up, and in the early morning, it also captured nearly 2000 points of space. Currently, relying on the influence of the support level below, the early morning market did not unexpectedly lead to a rebound, with the highest rebound reaching the 113900 line. In total, we achieved 3000 points of space in Bitcoin and over 100 points in Ethereum. Currently, the coin price has temporarily stabilized around the 113000 line. Many times, your inability to hold positions only shows a lack of your own judgment on the market. Following the trend without a strong understanding is destined not to last long. Recently, the trading records have been publicly shared across the internet, and strength needs no further words, only proven by actual actions. The ongoing activities are also continuing, and you can review previous blog posts for reference.

From the daily chart, after the market closed with a doji star signal earlier, it is currently showing a reversal, and the rebound space is very promising, having recovered part of the previous ground. Moreover, the coin price has stabilized at the 113000 line and has not shown signs of falling back. It can be seen that the bulls are firmly holding their ground, so there is still some upward space in the market. Looking at the four-hour chart, the KDJ three lines are in an upward state, and the bullish energy bars are also in a state of expansion, showing ample momentum. Currently, the price has completely freed itself from the constraints within the range, and the bullish trend has fully opened up. The original support has completed the top-bottom conversion after the evening's market movement. The next resistance level is at the 114500 line, and if this position breaks, the market is expected to return to the previous 117500 line.

In the morning, Bitcoin is trading around 113000-112600 for direct longs, initially targeting 115000. Ethereum is trading around 4130-4100 for direct longs, initially targeting 4250. $BTC

There is no mountain that cannot be climbed, only people who cannot find the way. There is always a rugged stretch of road, and there are times of haze. Do not resent the missed opportunities of the past, and there is no need to sigh over distant scenery. Today's overall trend maintains a good oscillating upward recovery. Although the overall space does not provide much, the continuity is very strong; a slow bull is still a bull. Throughout the day, we have repeatedly given everyone tips to go long. It was already mentioned early in the morning that any efforts made without breaking below are futile. Continue to watch for slow gains and recoveries. Currently, the highest recovery reached 113895 during the early morning. Throughout the day, we accurately provided a low long position orange, and the price again rose in line with our expectations. The exit was perfectly timed, and Bitcoin achieved over 1700 points as expected, while Ethereum gained nearly 100 points. Recently, the overall market has provided good opportunities for both bulls and bears; this is a test of controlling entry points and overall Silk Road structuring.

From the daily structure, the price has maintained a wide range of oscillation after a certain decline. Here, we need to pay attention: during the previous rising market, after a period of increase or decrease, the market price will enter an adjustment phase. This adjustment typically has two forms: one is time correction, trading time for space, which is commonly referred to as oscillation; the other is to accumulate energy through pullbacks in preparation for a new rise. Clearly, the current market price is undergoing time correction, completing adjustments through sideways movement, and then continuing to advance. Although it is currently oscillating, the highs have also been broken, and the trend will be altered. The rhythm will also be interrupted. With the breaking of time cycles and pattern cycles, and the market price unable to make a significant pullback, we need to reassess the market rhythm and adjust the layout direction.

In the early morning, Bitcoin is directly long around 113300-112800, aiming for 115000. Ethereum is directly long around 4160-4140, aiming for 4280. #币安HODLer空投XPL $BTC

The evening price comparison shows a fluctuating upward recovery rhythm, with overall strength being quite considerable, recovering to the 113850 line at the highest point. The pullback strategy given in the evening has once again perfectly validated, and the short-term bulls have reached the expected direction as anticipated. The evening strategy has clearly stated to focus on buying around 112000 for Bitcoin and directly buying around 4140 for Ethereum. In the evening, Bitcoin directly reached 113800, gaining 1800 points, and Ethereum directly reached 4200, gaining 60 points. In the evening, the second pullback leads to further buying and another gain. This rhythm is just like this; in fact, the afternoon's strength basically laid the foundation for the evening's direction. The selling pressure from the bears will only reduce the obstacles to the bulls. Compared to the upward space, the current pullback space is still defined as a correction rhythm without change.

From the current perspective, the market has once again entered a correction phase, which is the best proof of the bulls' efforts in the future. This also indicates that the price comparison is constructing a new rising platform. It can be seen that the bulls have ample momentum and form, and will not reverse direction for a deep adjustment, at least not at the moment. Instead, they will recover after the correction. In terms of the short-term price comparison trend structure, as the support below becomes stronger, the pressure above will also continuously weaken. The bulls are likely to continue rising in the later market, although there may be pullbacks. However, we can still consider this as the bulls' accumulation strategy. Therefore, we can maintain a bullish strategy in the future to prepare for the market.

Bitcoin:113200-112800 Buy Target focus 115000
Ethereum:4160-4140 Buy Target focus 4280
$BTC

The wind blows in one direction, and the grass will bend in that direction. Many people think they are the wind, but occasionally realize that the moment of powerlessness resembles the grass. In investing, never let minor troubles affect the smile you have when looking at the future. The afternoon's price comparison continued the recovery from noon, rebounding after a dip stopped at the 110935 line, with the bulls recovering to a maximum of 113121 in the evening. Today also provides more than 2000 points of recovery space. The bulls are gradually recovering the lower space step by step, and in the short term, the trend is shifting from a strong bearish to a bullish run. In the afternoon, we suggested going long; we don't know how many people followed, and the multi-Dan layout we suggested in the afternoon has now achieved a space of 1623 points, while Ethereum has gained 99 points of space. With the current rhythm, we just need to determine the direction and establish a good approach, and then it will become very easy to make gains.

From the current market perspective, the overall structure is still operating in a momentum of accumulation and rise. The previous downturn did not break lower, indicating that a bottom is slowly forming below. However, the market will still go through a process of repeated recovery and consolidation. Based on the current trend, the pullback is minor and does not break support, and there is further demand for an upward push. From a technical structure perspective, the four-hour level space is in a triangle oscillation, with the bullish and bearish trends repeatedly not extending. There is pressure above, but the downward force is also not strong, and the competition between bulls and bears is fierce, with a short-term need for adjustment, and the market will choose to rise again. For now, we still maintain the approach of retracement to go long.

Bitcoin: 112500-112300 Long Target focus 114000
Ethereum: 4160-4140 Long Target focus 4280$BTC

Do not expect to become suddenly rich at a certain moment; the energy that changes our profits lies in each ordinary trading day. Go into battle happily, make trades, do not be a gloomy person, do not be a person of fantasies, prepare to deal with trends as if going to a banquet, with grace and ease. Today's price comparison has not seen much of a decline; the overall trend is still rebounding and recovering. Although the overall recovery strength is not great, it has not declined much either, and a preliminary bottom formation has already taken shape below in the short term. After stabilizing above the 112500 line, we maintain an optimistic attitude towards the upward movement of the bulls. Today we are also bullish and making more trades, and the overall thinking aligns with the market trend. There are nearly 2000 points of space available for everyone, whether it is the wave of thought given during the day, it is all perfectly manageable. The recent trend needs no further words; the power brought to us by the mid-short-term layout around high shorts and low longs is indescribable. Only the real oil-picking experience can truly understand what it means to catch the wave.

From a short-term structural perspective, after two consecutive days of declines, today there is already a bullish momentum; after multiple tests of lower support, a certain rebound space has been given. The lower side is also continuously forming pin bars, indicating that the pullback is accompanied by a rapid rebound. Although the bears are showing some strength, the short-term downside has gradually formed a bottom. Shorting is not a problem, but the larger trend still belongs to the bulls. The 4-hour chart remains in a range near the middle track for now, currently showing an extremely long doji. In the short term, it is also stabilizing at the support of the upward trend line, which holds as long as the trend line is not broken. The 4-hour structure remains slightly bullish, but whether it can break above the high point is the key to continued space. If it does not break, it will continue to maintain a tug-of-war until the weekly close. Whether it rises directly today or pulls back a bit before rising again, the result is the same; any pullback is an opportunity to go long.

In the afternoon, Bitcoin is directly bullish around 112300-112000, targeting 114000. Ethereum is directly bullish around 4150-4130, targeting 4300. $BTC

Living is not about winning sympathy through tears, but about earning applause through sweat. Striving is not necessarily all about money; it also includes that inherent confidence, calmness, and composure. Being able to afford what you like, going to places you want to go, taking on responsibilities that need to be taken on, spending your own money, living a quality life, and being an irreplaceable self. Yesterday saw a high recovery, and this morning it fell again, but overall, in terms of trend, after the previous plunge, the bulls have been trying to reclaim lost ground, moving relatively slowly with not much strength, but the continuity is good. After all, the market won't keep declining forever; bulls need to correct it. This morning, I directly advised everyone to treat it with a buy-on-dips approach, focusing on buying directly at 115000, which reached 112400, capturing over 900 points of space. For Ethereum, focus on buying directly at 4130, which reached 4193, capturing over 60 points of space. Many times, if you can't hold onto your positions, it only shows a lack of personal judgment regarding the market; following the crowd is bound to be unsustainable. Recent records of trades have been publicly available online; strength speaks for itself, proven through actual actions. Liansheng is also ongoing, and you can review previous blog posts on your own.

From the current market perspective, after the previous decline, the market has not continued to fall but has maintained a sideways trend. Each wave of the market is followed by a sideways consolidation for accumulation. Regarding the current oscillation rhythm, we still look for rebounds; after all, the market won't constantly correct or oscillate; it will again show a one-sided trend. Overall, the current trend structure is characterized by a bull oscillation and upward recovery. It merely paused after the pullback. Even if there is a retracement, it has not formed a continuous downward trend. The overall larger trend structure still mainly views bulls as the primary structure. Therefore, we will continue to maintain the mindset of buying on dips.

On Wednesday afternoon, Bitcoin is around: 111800-111500 Buy Target focus 114500. Ethereum around 4140-4120 Buy Target focus 4250$BTC .

Never try to predict what will happen, because the situations you will encounter are beyond your imagination. Just choose a development direction and be prepared to change at any time when the opportunity arises. The market is still operating within a volatile range, as we mentioned last night, it will first oscillate at this position because the recent volatility has been too calm, and the short-term movement is still a narrow range of fluctuations without significant amplitude. It is worth mentioning that the overall structure has not changed significantly; every time there is a pullback to the bottom support, it rebounds, indicating that it is still in a bullish rhythm. Yesterday, the major cryptocurrency also gained a total of 2700 points, and in the morning, it again gained over 700 points. After yesterday's increase, Ethereum's fluctuations were relatively calm, but there are still opportunities. The current market situation is still in a consolidation phase, completely wasting this opportunity.

Currently, the market is maintaining a narrow oscillation within a small range, with neither high nor low points breaking through. The daily line shows a bearish close, and it continues to fight for the key position of the upward trend line. The four-hour chart has also slowed down and is currently in a horizontal consolidation phase. It remains to be confirmed whether it will test the highs again or deepen the correction in the short term. The overall trend has slowed down, but this is not a signal for a trend reversal. Capturing a unidirectional market trend is an important trading strategy. By accumulating small profits during market oscillations and larger profits during a unidirectional market, we can effectively improve trading performance. Therefore, we should focus on those varieties that have opportunities for unidirectional market trends and concentrate our efforts.

In the morning, the major cryptocurrency traded directly long around 111800-111500, aiming for 115000. Ethereum traded directly long around 4150-4130, aiming for 4300. $BTC

People who walk at the same pace will never get lost. The same goes for trading; like-minded individuals will always think alike. The market movements we observed during the day aligned with our expectations, and overall, it showed a weak fluctuation. After the rebound, we will look to short again. In the evening, the highest rebound reached the 113200 line, and the lowest retracement was at 112390. The signal reminded everyone to short directly near 113200. By midnight, it directly reached the 112300 line, and the short position gained over 1000 points again. Ethereum's trend is similar, following the rise and fall of Bitcoin. In the evening, it peaked at the 4206 line, then retraced to around 4160. The short position signaled had over 40 points of space. All strategies were disclosed in advance, with traceable indicators. One must understand that being a leader in trend trading allows you to be the first to take advantage of opportunities. The evening still maintains a bullish outlook, and targets and spaces can be observed and adjusted accordingly. If there is a slight rebound in the short position, one can directly follow the short.

Structurally, it still largely alternates with previous cycles. Each time a new high is broken, there is usually a significant retracement that provides ample space, which was the reason for earlier short signals. Of course, we do not change the long-term bullish pattern; it remains so, only with an increased adjustment cycle and increased space. The short cycle shows a rebound and higher close, and there is still considerable room for upward movement from the low points. Although the moving average indicators are somewhat chaotic, the overall structure still supports a rebound from the bottom. We often say that too many rebounds lose the meaning of shorting, and that is indeed the case now. The rebound space has already broken the original weak structure; by midnight, we will first look for a rebound and then short again.

By midnight, focus on a short-term long position for Bitcoin at 112300-112000, with a target around 114000. For Ethereum, focus on a long position at 4150-4130, with a target around 4280. $ETH

The market is ever-changing, with trends that are unpredictable, constantly presenting various traps that take advantage of vulnerabilities. Walking along the riverbank, who wouldn't get their shoes wet? If one accidentally falls into it, one must pull out in time, rather than sinking deeper. Today's market continues the rhythm of recovery from yesterday, providing multiple opportunities for upward rebounds, but it has not stabilized above 113000. The overall recovery strength cannot be denied, but under the influence of the overall trend, the current recovery strength seems a bit insufficient. Previously, there was a direct waterfall decline, and today there has been continued low-level fluctuations, with recovery not sustained, still dominated by bears. The short positions during several rebounds provided decent gains, with Bitcoin also gaining over 1000 points by midday, and Ethereum capturing over 60 points of space. Currently, the price comparison continues to fluctuate at a low level, and there isn't much room for rebounds in the short term. This already represents a very strong trend structure. The ideas presented for the evening have been made very clear; in this kind of market, one can only go short, and going long is completely unviable, as there is no substantial rebound.

Currently, the bulls are slowing down their volume, and the key point entering the consolidation phase is that the movement is slow, and the space is not very large. Thus, when following up, selecting points is relatively critical. In the short-term oscillation and downward pattern, attention should still be paid to the continuation of the bears, and secondly, observe the strength of the rebounds. If the rebound strength is small, look to go long at low levels. If the key position breaks, follow the trend and continue to look for upward space. Currently, the four-hour line shows weak rebound strength, and the trend is in a downward oscillation. Therefore, this evening and in the future, continue to rebound and look to go short for downward movement. After the pullback stops, one can still choose to make short-term longs to respond flexibly.

In the evening, Bitcoin can be shorted at 113000-113300, with the initial target focusing on 111000.

Ethereum can be shorted at 4215-4235, with the initial target focusing on below 4100.
$BTC

Trend adjustments are tug-of-war; don’t look at regaining the break, the medium-term can be short:
Everything should be done within one's means; do not follow the crowd, taking one step at a time is the best rhythm to live well in the present. Whether the bull is still brewing or not, we cannot know, but the trend's retracement could not be more obvious; all we can do is focus on the present. Although the market fluctuates daily, the trend's adjustment provides multiple opportunities for short-term traders. However, as we all know, in such large fluctuations, sometimes it only takes a few days to release the previous medium to long-term space. It’s clearly within reach, and missing it would be a great pity.

From a technical structure perspective, on the weekly K-line level, the price rises and retraces, closing bearish. The bullish volume is insufficient, leading to adjustments. The trend enters a correction phase; although the downward space is not boundless, regaining upward momentum requires a certain period of preparation. It doesn’t matter whether the bull has moved or not, but the decline continues, and the downward space still needs further release. On the daily level, the price fluctuates upward but encounters resistance and falls back; the bullish volume fails to convert, maintaining a bearish pattern. After wide-ranging fluctuations, it has remained in a weak bearish downtrend. Currently, there are signs that the lower channel has opened; it just needs an opportunity. The moving averages have not formed an upward trend; instead, the bearish volume is more determined to turn downwards. It is not a bear market, but a retracement of the bearish trend, constantly supported and probing lower without effective recovery, merely waiting for a bearish breakthrough.

In terms of trend thinking, we should proceed with high shorts:
In the afternoon, Bitcoin around: 113200-113500 short target focus on 111000 Ethereum around 4220-4250 short target focus on 4100$BTC