From the current market perspective, since breaking through the 90,000 mark, the market has been oscillating at high levels, moving back and forth within the 91,000-95,000 range. Ethereum's space is slightly smaller, but it is also moving back and forth within the 1,700-1,850 range. Overall, this presents us with a wide oscillating and tug-of-war pattern, with significant volatility. Today is Friday, and we project the time point to this evening, paying attention to the highs and lows of the range. At that time, this range will be broken, and we only need to look for continuity in that direction. If an effective breakout is not achieved, the current operation should simply involve shorting at high points and longing at low points within the range. By accurately timing entry points, there is good space for both long and short positions, preventing the phenomenon of shorting at low points and longing at high points, which will allow one to remain undefeated.
Operation Suggestions You can short Bitcoin at 94,500, targeting 92,000. You can short Ethereum at 1,820, targeting 1,700.
From a technical perspective, the overall trend is still a high-level oscillation. The daily chart shows consecutive upper shadows, indicating significant resistance above. The MACD on the 4-hour chart is in the negative zone, but the fast and slow lines are gradually approaching, which may indicate a golden cross signal, suggesting short-term rebound potential. The RSI14 is above 70, entering the overbought zone, so caution is needed for potential pullback risks. Given this, we still focus on low volatility.
Operation Suggestions Buy on dips for Bitcoin around 92400-93000 Target near 945-950 Buy on dips for Ethereum around 1720-1750 Target near 1800-1835
At 1:30 AM on Thursday, Powell will give a speech at the Chicago Economic Club.
Currently, inflation is declining while the risk of recession is rising, and the market is generally focused on how he will respond to tariff issues and express his views on interest rate cuts. Once he releases new policy signals, the cryptocurrency market is likely to experience significant volatility.
Investment carries risks, please invest with caution!
The large pancake touched the high point multiple times yesterday before retreating, so we need to pay more attention to this resistance level. On the daily chart, the bullish and bearish signals are not obvious, showing a pattern of alternating small bearish and bullish candles, indicating a potential change in trend. If it continues to push higher without breaking through, one can enter short positions relying on the high level, and observe as it goes.
Operation Suggestions Large pancake short at 84000, target 82500 Auntie short at 1610, target 1550
Looking at the 1-hour K-line, the price has been declining from above the upper band of the Bollinger Bands down to near the lower band, and there hasn't been a significant rebound so far, indicating that it has not yet stopped falling. From the 4-hour K-line perspective, the price is also nearing the lower band, but it has not tested the strength of the lower band. Currently, the support below is around the 83400 point. This position may not be very secure; referring to a previous low of the major coin, which is around the 83000 point, if it can hold, we can consider going long directly. This was also the target point I was looking at for going short yesterday. I have previously mentioned that if this point is not broken, we can directly go long.
Operation Suggestion Go long on the major coin between 82800 to 83200, targeting 85000 Just synchronize with Auntie
From a technical perspective, there is still some pressure above, and the overall trend is still one of consolidation. The MACD fast line is close to the 0 axis, indicating that market momentum is weak and selling power is not strong, with an unclear trend. The KDJ is pointing down in the short term, suggesting a possible pullback and rebound. Based on technical analysis and fundamental conditions, decisions should be made cautiously. Given this, we still focus on high leverage.
Operational Suggestions Bitcoin rebound near 86000 Target around 84500 Ether rebound near 1660 Target around 1580
From a technical analysis perspective, despite the overall consolidation, the Bollinger Bands are at the upper band, and the market is in a strong upward trend. However, one must be cautious of changes in resistance levels. The KDJ is in the overbought zone, indicating a potential pullback trend and that the trend may weaken. The market may pull back at any time, so it is essential to maintain the morning analysis and closely monitor market dynamics to make cautious decisions. Given this point, we still prioritize a high stance.
Operational Suggestions Short Bitcoin around 86000 on rebounds Target around 84100-83200 Short Ethereum around 1670 on rebounds: Target around 1615-1575
On the daily level, the running channel continues to extend downward, with prices maintaining a weak consolidation. In the upper-middle track area, after a plunge, there hasn't been an effective rebound. The bear volume continues to diminish, and the moving averages have not seen a significant joint upward movement. This week, I personally still favor a short position initially, and whether the market can rebound and recover needs to be followed up after support is established.
Trading Suggestions Bitcoin: Short near 85200, target 83500 Ethereum: Short near 1650, target 1580
The 4-hour chart stabilizes above the trend line and is consolidating the rebound. It has currently returned to oscillate near the middle track, breaking the weak pullback pattern in the short term and entering a wide range oscillation between 86100-83000. As long as it does not break yesterday's low point, it can be considered as a bullish preparation for an upward move. In terms of operations, adjustments should be made in a timely manner based on the shape. Although the oscillating market seems strong, the continuation of space is insufficient. Frequent switching is observed. The 1-hour chart shows a wave of upward oscillation, initially stabilizing above 83000. Whether it can break higher is key to the continuation of space, and it is not ruled out that prices may enter a contraction oscillation at the beginning of the week. We will observe the space as it moves. Trading Suggestions Short at around 85500 for Bitcoin, targeting 83500. Short at around 1700 for Ethereum, targeting 1620.
Analysis of the four-hour K-line pattern shows that bullish and bearish K-lines are alternating. This combination of K-lines indicates that the forces of buyers and sellers in the market are shifting, with bearish forces gradually strengthening, further reflected in a significant increase in selling pressure in the short term, as a large volume of sell orders emerges, creating considerable obstacles for price increases.
Trading Suggestions Short at around 84800-85100 during the rebound of Bitcoin, targeting 82000 Synchronized with Auntie.
Today's market can be summarized briefly: yesterday, Bitcoin broke through the resistance zone and surged strongly. Overnight, it continued to rise but faced some pressure around the 859 level. At this point, the bullish momentum has already played out, and it's too late to chase after more long positions. Therefore, it's better to consider shorting at high levels rather than chasing long positions. This morning, I expect a pullback, and after finding support below, I will look to go long again.
Trading Suggestions Short Bitcoin at 86000, targeting 84000 Short Ethereum at 1675, targeting 1580