Bitcoin slightly surged last night after the data was released, reaching the high point of the oscillation range before directly reversing downwards. Obviously, this platform had a short duration, and the large amount of profit accumulated earlier has not been digested yet. After a tentative upward attack, it was directly smashed down. This aligns with our live analysis; the relative late stage of the first wave of the upward trend has adjustment expectations, and the adjustment range will not be too large. A lower shadow has already appeared in the early session, indicating a rebound expectation in this area. Pay attention to the strength of the rebound; whether it is a strong return to the oscillation range or a weak rebound followed by another slight drop. Near the lower shadow, one can try a short position with rebound expectations. Overall, the first round of Bitcoin's upward market has ended, entering an adjustment phase. After the adjustment ends, the next round of upward market will start. Currently, the news remains bullish, but be wary of unreliable factors that are thinking about taxing; pay attention to any announcements that may disrupt the market trend.
For the Bitcoin short contract position, short sell around the upper pressure level of 110500, take profit near 108600, and set a stop loss at 111300.
For the Bitcoin long contract position, short buy around the lower support level of 107720, take profit near 110252, and set a stop loss at 106920.
Ethereum successfully reached a new high last night. Due to Bitcoin's pullback, the strong upward attack has also followed with an adjustment. Currently, Ethereum's one-sided upward market has also entered the adjustment phase. The volatility of Ethereum is quite active and the range is significant. We are still watching whether it can launch a strong counterattack around the support near 2730. The strength of the early session's rebound is obviously not strong enough, and there is an expectation of a horizontal rebound with a pullback. Let's see how strong or weak the subsequent small drop will be. Overall, there are still bullish expectations. In terms of operational strategy, pay attention to Bitcoin's volume nodes; once there is upward volume near the key support level, long positions can be entered. Be wary of key points being penetrated by the main force; if that happens, the timing for entering long positions needs to be delayed. The next key support is around 2708.
For the Ethereum long contract position, short sell around the upper pressure level of 2866, take profit near 2778, and set a stop loss at 2881.
For the Ethereum long contract position, short buy around the lower support level of 2730, take profit near 2866, and set a stop loss at 2715.
The views are for reference only; use stop loss and take profit.