On Thursday, the Bitcoin market exhibited a volatile downward trend, with prices dropping from an early high of 109,164 to a low of 106,539 in the evening before stopping. This was followed by a slight rebound, with the market recovering to a high of 107,769. Ethereum's market also experienced a decline throughout the day, until the evening when prices rebounded after hitting a low of 2,714, reaching a maximum of 2,775 before stopping. On Thursday, Brother Sheng's trading strategy with one short and one long position in Bitcoin and one long position in Ethereum was successfully executed. The short position in Bitcoin, initiated around 108,635, was closed near 107,449, yielding a profit of 1,200 points. The simultaneous long positions in Bitcoin and Ethereum, entered near 106,855 and 2,721 respectively, were closed around 107,690 and 2,773, capturing 800 points in Bitcoin and 52 points in Ethereum.

According to the current market, the four-hour level indicates that after experiencing a round of adjustment, the market is currently in a stagnation phase. The lower Bollinger Band is providing strong support, and the bears have not broken through the lower band. The KDJ and RSI indicators are showing upward movements, with the expectation of a golden cross forming. From the one-hour level, the market is alternating between large bearish and bullish candles, with prices warming above the lower Bollinger Band. The KDJ indicator has formed a golden cross at this level, and the MACD histogram has also risen above the zero axis. Therefore, during midnight operations, we can proceed with a low long strategy.

Bitcoin can be bought near 107,000, targeting 109,000.

Ethereum can be bought near 2,700, targeting 2,800.