In the cryptocurrency market, opportunities are fleeting and volatility is severe, thus "seizing opportunities" emphasizes cognition, timing, and execution. After the breakdown on Wednesday early morning, Bitcoin and Ethereum formed a fluctuating cycle from yesterday midnight to today, with prices oscillating within a range. Bitcoin is running in the range of 105500-103300, while Ethereum is operating in the range of 2450-2547. Overall, both bulls and bears have provided good opportunities in terms of movement and volatility. Recently, the strategy has mainly been focused on short-term back-and-forth trading. Yesterday morning, the layout was bullish, with Bitcoin and Ethereum collectively capturing 1200 points and 45 points of space. In the afternoon and evening, two short positions were laid out, with Bitcoin and Ethereum respectively capturing 2400 points and 115 points. The rhythm and movement are relatively simple, and now is a good time to quickly accumulate positions. If you are still at a loss in the current market, you might as well follow the real-time guidance of the experienced trader.
From the current market perspective, Bitcoin's daily candlestick is in a narrow range consolidation, failing to further challenge the 109000 mark at the beginning of the week. After a setback aided by news in the middle of the week, it fell below the middle line. Yesterday's movement showed a rhythm of being strong yet not too strong, and being weak yet not too weak. In the short term, it has entered a high-level tug-of-war consolidation, with a disordered structure and form. Both bulls and bears do not have overly strong one-sided trends, but rather a wide-ranging washout movement, with strength and weakness being uncertain. In terms of short-term operational thinking, it should be treated as oscillation, with 105500 as the high point and 103300 as the low point, serving as the range for short-term bulls and bears. If there is a breakout, you can follow up for a second entry.
Operational suggestions:
On Thursday, Bitcoin can be shorted at 105500-105000, targeting 103500.
Ethereum can be shorted near 2545, targeting 2450.