#ETH# Reviewing today's market, BTC rebounded from the morning low of 78935, then surged to a high of 83297 with a strong fluctuating trend, but failed to break through, and subsequently fell back to around the low of 81305, providing an ideal entry opportunity for our short order. Ethereum rose from the morning low of 1503 to a high of 1585 before stopping, then entered a narrow fluctuation range between 1580 and 1540, with overall volatility relatively limited. In terms of today's operations, Old Zhang made two trades. In the morning, he followed the trend near 80300, decisively entered a long order, and then exited near 83000, successfully securing a space of 2600 points. In the evening, the VIP swing trading strategy accurately struck again, entering a short order for BTC at 83000 and locking in profits at 81500, once again capturing a profit space of 1500 points. Both trades closely followed the market rhythm.
Bitcoin's recent trend has shown an obvious volatile consolidation trend, and the short-term space has been blunted. From the perspective of the daily structure, the price has entered the triangular consolidation range, although the low point has gradually moved up, forming a small step up, but the upper resistance has not been effectively broken, and there is no obvious upside space for the time being. In the short term, Bitcoin is expected to remain range-bound, and the resistance around 83,500 needs to be focused on above. The 4-hour chart shows that the price has stabilized slightly at 83,000, and the small-period Bollinger bands have begun to close in parallel, suggesting that the consolidation time may be further extended and the space may shrink further. In the operation of the volatile see-saw market, the grasp of the entry point is particularly important, the ultra-short-term operation needs to be flexible, and there is room for high throwing and low suction to fall into the bag, which is not suitable for war. Bitcoin: 84000-84500 near the short-term target is 82000 Ethereum: Short-term target around 1590-1619, 1530 for locking in profits.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
#ETH# Reviewing today's market, BTC rebounded from the morning low of 78935, then surged to a high of 83297 with a strong fluctuating trend, but failed to break through, and subsequently fell back to around the low of 81305, providing an ideal entry opportunity for our short order. Ethereum rose from the morning low of 1503 to a high of 1585 before stopping, then entered a narrow fluctuation range between 1580 and 1540, with overall volatility relatively limited. In terms of today's operations, Old Zhang made two trades. In the morning, he followed the trend near 80300, decisively entered a long order, and then exited near 83000, successfully securing a space of 2600 points. In the evening, the VIP swing trading strategy accurately struck again, entering a short order for BTC at 83000 and locking in profits at 81500, once again capturing a profit space of 1500 points. Both trades closely followed the market rhythm.
Bitcoin's recent trend has shown an obvious volatile consolidation trend, and the short-term space has been blunted. From the perspective of the daily structure, the price has entered the triangular consolidation range, although the low point has gradually moved up, forming a small step up, but the upper resistance has not been effectively broken, and there is no obvious upside space for the time being. In the short term, Bitcoin is expected to remain range-bound, and the resistance around 83,500 needs to be focused on above. The 4-hour chart shows that the price has stabilized slightly at 83,000, and the small-period Bollinger bands have begun to close in parallel, suggesting that the consolidation time may be further extended and the space may shrink further. In the operation of the volatile see-saw market, the grasp of the entry point is particularly important, the ultra-short-term operation needs to be flexible, and there is room for high throwing and low suction to fall into the bag, which is not suitable for war.
Bitcoin: 84000-84500 near the short-term target is 82000
Ethereum: Short-term target around 1590-1619, 1530 for locking in profits.