Medium to long term temporarily hopeless, US stocks are too strong, the best time to short is at high positions! 4.29 Bitcoin Aunt's operation strategy

The Arizona House of Representatives will hold a plenary session today at 1 PM local time. The Bitcoin Reserve Bills SB1373 and SB1025 are on the agenda and are expected to be voted on finally. Everyone should pay close attention! Yesterday's shorting strategy suggested a exit after a thousand points drop in Bitcoin, with Ethereum suggesting an exit after fifty or sixty points. At midnight, it was advised to continue to position for a rebound, and currently, the coin price has rebounded again to the shorting point, so one can enter with a small position!

From a technical perspective, the daily line again closed positively in the morning with a long lower shadow, the Bollinger Bands slightly opened, and the coin price is running below the upper track. Yesterday, it stopped falling and rebounded by more than two thousand points, KDJ is also moving upwards for the second time, MACD double lines are moving upwards, and trading volume is gradually decreasing. The daily line still has a need for a pullback, and with the coin price not breaking through the previous high, there is a risk of capital withdrawal, so everyone should be cautious about chasing after the rise!

Last Friday, the buying volume of the spot ETF performed well, but the buying power also obviously decreased. Without clear positive news, many investors chose to wait and see! So everyone should be cautious about chasing after the rise, maintaining the high position shorting strategy unchanged! Key resistance levels above are 95600, 96000, and 97000, while support levels below are 92800, 91600, 90800, 90000, and 89200.

4.29 Bitcoin operation strategy: Aggressive traders can short at the current price of 95300-95800, conservative traders can enter at 96300-95800, with a stop loss above 97000, targeting around 94000-92800, and if it breaks, look at 91600-91000-90800-90000. If it continues to break, hold based on the situation!

4.29 Ethereum operation strategy: Aggressive traders can short at 1805-1830, conservative traders can enter around 1850, with a stop loss above 1870, targeting around 1780-1750-1730-1700, and if it breaks, look at around 1670-1650, and continue to hold based on the situation!

Long position strategy: US stocks are performing strongly, so one can enter long near the pullback resistance level. Bitcoin can enter at 91600-92000, with a stop loss at 91000, targeting around 92500-92800-93500-94000; Ethereum can enter long at 1700-1730, with a stop loss near 1670, targeting around 1750-1800.

High-level oscillating trend, neither bulls nor bears have broken through, so treat it as a range for now. If bears exert force, then move the stop loss to protect profits and amplify space! Avoid frequent trading, heavy positions, and resisting the position. #美股财报周来袭