Weekly Market Review

- Bitcoin: The bulls performed brilliantly, stabilizing around 116400 at the beginning of the week and then strongly attacking up to 122000; after a brief pullback to around 118500, it gained momentum again due to favorable CPI data, setting a new historical high of 124500. However, the new high could not be maintained, and the price has been retreating in a stepwise manner, currently testing the key support level of 118000. Although there is short-term pressure, the overall bullish structure remains unchanged -- the 118000-118500 area is both the low point of this week's pullback and the previous breakout level, and if it stabilizes, it is expected to attack again.

- Ethereum: The trend is highly synchronized with Bitcoin, stabilizing around 4160 at the beginning of the week before rising strongly, breaking the new high to 4789 on Thursday; similarly, it could not be maintained, pulling back to a low of 4367, and is currently rebounding and consolidating around 4500.

This Week's Trading Results

Yang Jie Team's Performance:

- Bitcoin: Laid out 11 positions, achieving a total of 11750 points; incurred losses on 2 long positions, totaling 828 points.

- Ethereum: Laid out 15 positions, achieving a total of 1278 points; incurred losses on 1 position, totaling 37 points.

Current Market Analysis

- Four-hour level: After two consecutive bullish candles, it has turned into an alternating pattern of bullish and bearish candles, currently operating below the middle track of the Bollinger Bands; the three tracks of the Bollinger Bands are extending parallelly, with a standoff in the long and short areas; the MACD dual lines crossed downwards and continue to decline, expanding in the negative value range, with bearish forces dominating, leaning overall towards bearish.

- One-hour level: Alternating between small bearish and small bullish candles, the market has entered a “time for space” adjustment period; the price is near the upper track of the Bollinger Bands, but the upward momentum during the day shows signs of fatigue, indicating a halt signal.

Midnight Trading Strategy

Continuing the high short strategy after the rebound:

- Bitcoin: Short around 118500, with a target looking down to around 117000.

- Ethereum: Short around 4580, with a target looking down to around 4350. #主流币轮动上涨