$BTC Saturday all day, Bitcoin and Ethereum trends are consistent, both showing a "rise first, then fall" pattern:
- Bitcoin: Started an upward trend from a low of 112680 in the early morning, climbed to a high of 114018 around noon and encountered resistance, then fluctuated downward, falling back to around a low of 112721 at midnight.
- Ethereum: Started upward from a low of 3431 in the early morning, surged to a high of 3536 around noon under pressure, then gradually retreated, touching a low of 3433 at midnight.
In terms of operations, Yang Jie’s intraday positions of short Bitcoin and three short Ethereum were both profitable:
- Bitcoin short position synchronized in the early morning (entered at 115338, exited at 113011), capturing a space of 2340 points;
- Ethereum short position (entered at 3631, exited at 3466), securing a space of 165 points;
- Ethereum short position at noon (entered at 3527, exited at 3461), making a profit of 66 points;
- Ethereum short position in the afternoon (entered at 3518, exited at 3465), gaining 53 points.
Current market analysis:
- Four-hour chart: The market has rebounded after two consecutive bearish candles, with moving averages collectively turning upwards, but the bearish strength is converging, and the Bollinger Bands are still opening downwards, indicating that the overall market has not exited the downward channel, maintaining a weak market structure.
- One-hour chart: The market has broken below the lower Bollinger Band with consecutive bearish candles, but the bulls counterattacked with two consecutive bullish candles; however, the MACD dual lines are converging below the 0 axis and have not released a clear trend reversal signal, indicating that the current rebound is a normal correction.
In summary, the recommendation for operations at midnight is to short after a rebound, with specific strategies:
- Sunday midnight Bitcoin: Short position in the range of 113000-112500;
- Sunday early morning Ethereum: Short position in the range of 3420-3450, target 3350.#以太坊十周年
