$BTC True trading wisdom lies in the flexibility of strategy. The market is always right, and our strategy must flow with the trend like water – decisively following through when breaking out, taking profits promptly under pressure, and firmly reversing when breaking levels. Remember: there is no one-size-fits-all strategy, only traders who can adapt. The two long and one short ideas given by Yuntu during the day successfully captured profits, totaling a space of 2046 points, while the two long and one short on Ethereum gained 114 points in space. In the evening, the long strategy provided by Yuntu successfully captured again, with Bitcoin nearing a space of 1300 points and Ethereum gaining over 40 points in space. Bitcoin once again strongly rebounded to the high point of 110490 in the evening before retreating to around 109871 for consolidation. Ethereum rose in tandem, touching a high of 2633 before retreating to around 2610 for consolidation.
The 4-hour MACD red bars turned green, forming a golden cross, while the daily RSI broke through the strong zone of 65, with volume increasing by 35% confirming the effective breakout. The key support has moved up to 109500, with the upper target looking at the Fibonacci level of 111500 on the weekly chart; Ethereum has established new support at 2600, while 2650-2680 is the next resistance zone. It is crucial to pay close attention to the impact of the Federal Reserve's decision in the early morning, and be wary of Bitcoin's false breakout at 110000 forming a double top risk, as well as Ethereum's 2650 options pressure. The current suggestion is to follow the trend, employing a tiered profit-taking strategy, and strictly avoid counter-trend operations during breakouts.
Bitcoin suggestion: Look for long positions near the pullback of 109300-109500, with a stop loss below 109300, targeting 111000-111200.
Ethereum suggestion: Go long in the 2600-2610 range, with a stop loss below 2580, targeting 2660-2680.
