Last night, after looking at the short selling ideas, as expected, Bitcoin first fell by over a thousand points. Subsequently, it slightly stabilized again at the 95362 line, and then rose in a fluctuating manner, with the highest breaking through to the 97339 line. We have been following the strategy given in the early morning, exiting the short position and directly entering a long position at 95428 for Bitcoin. We exited when the market rose to 96703, achieving another 1275 points from the long position. This wave of first short and then long was smoothly managed, with the rhythm all in our hands, making trading feel particularly easy and simple.
Bitcoin's daily chart shows a similar pattern, with two consecutive bullish candles. Yesterday, Bitcoin broke below the low point of 93321, and Ethereum fell to a low of 2604 before forming a rebound. Small timeframes are showing a broad fluctuating upward trend, with each rise accompanied by certain pullbacks and retracements. The volatility base is large, and the space given is also relatively broad. However, the daily chart's upward movement has yet to break through the previous high point, with pressure still present in the 97500-98000 area. Currently, the bullish continuation force remains, but in the afternoon, we will continue to observe the pressure below this level for a potential pullback. Whether it touches downward or strongly reaches a high will be planned based on the intraday patterns without being overly fixed. Until there is a real breakthrough, our view remains unchanged, looking for a high point return to a low point, continuing to watch for a pullback and choosing the right moment for a short-term long position.
Bitcoin can be shorted in the 97300-97800 range in the afternoon, targeting around 95500; Ethereum can be shorted in the 2750-2780 range, targeting around 2620. #地缘政治对比特币的影响 $BTC