Today, the overall trend of Bitcoin is showing a high-level oscillation. After the price stretched to around 104900 last midnight, it encountered resistance and retreated. During the day, it has maintained a slow downward oscillation. This afternoon, although there was a slight rebound, it did not lead to a significant continuation, with the price peaking at 104300 before starting to retreat again. In the evening, as the U.S. stock market opened, it rose high and then fell, and Bitcoin faced pressure again, touching the day's low around 102775. Throughout the day, there were three trades with a profit of 2641 points on Bitcoin, while Aunt's orange trades had a total profit of 213 points with two long and two short positions. Many friends have reported that the difficulty in trading often lies in improper position management and the challenge of accurately grasping the entry timing. A small mistake can easily lead to the trap of chasing up and cutting down. It might be better to calm down and take it slow.
From the daily chart of Bitcoin, the price is generally maintaining a high-level oscillation and consolidation. After each round of technical corrections, the bulls have managed to recover, but the price has not managed to break through the critical resistance levels during upward tests. Currently, the market's news is gradually settling, and the accumulated bullish momentum has not been fully released. From the perspective of trend evolution, it is highly likely to welcome a new wave of upward attacks in the short term.
Looking at the four-hour chart, the K-line pattern shows typical characteristics of rising and then falling. After a brief pullback, the price quickly recovers its lost ground and is currently operating around the middle and lower bands of the Bollinger Bands. The downward testing momentum is relatively scarce, making it difficult for the downtrend to form an effective continuation. At the same time, the moving average indicators on the chart show a horizontal interweaving arrangement, indicating that both the bulls and bears are temporarily in a stalemate.
For the midnight strategy, maintaining a high short and low long position is sufficient. Bitcoin can be bought around 103000-102700, with a target of around 104500, while Ethereum can be bought around 2570-2550, with a target of around 2670. $BTC #美国加征关税 $ETH #代币发射平台竞争加剧