Weekend Market Review and Trading Strategy
The weekend market once again exhibited typical 'early morning volatility': BTC/ETH experienced intense fluctuations early Monday morning, and those who did not set risk controls faced liquidation, while those following strategies accurately grasped the rhythm — short positions were entered during the second peak, ETH was bought at 2343, achieving over 100 points in profit, marking a seven consecutive wins last week.
Key Points Tracking BTC
Support: 101175 (core), 98500, 97200, 93911
Resistance: 110000
Strategy: Observe the strength of support near 101175 during a pullback; if broken, it will test the 100,000 mark; if stabilized, maintain high-level volatility, and consider going long based on support.
ETH Support: 2343 (verified), 2285, 2215
Resistance: 2851
Note: This morning's sharp drop validated the effectiveness of support, and those who positioned long against the trend have already profited, highlighting the predictive value of key levels. Market experience and today’s strategy have undergone multiple cycles of verification, with risk control being the foundation of survival.
Today's Trading Suggestions:
Watch the market during the day, waiting for ultra-short-term confirmation signals for a second bottom;
If new lows are created in the evening or a short squeeze occurs, consider positioning long, strictly setting stop-loss (e.g., stop-loss if ETH falls below 2285).
Motto: Keep a stop-loss close, opportunities can be grasped; blindly chasing orders can lead to losses, patiently wait for signals.
