#BTC Tuesday was another fruitful day. After the CPI data was released in the evening, Ethereum directly broke through the 4400 mark. Whether the market is fluctuating or experiencing a significant pump, we can accurately follow the trend and secure profits steadily. Whether going long or shorting, we can earn money precisely, which relies not just on luck, but more on a thorough understanding of the market and skilled use of technical indicators. Recently, Ying Jie’s team welcomed a new batch of frens, which aligns with Ying Jie’s original intention in the crypto world. I have always known that in the crypto world, it is unrealistic to think you can go far on your own, so Ying Jie always emphasizes the power of teamwork.

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Looking at the one-hour candlestick chart, Bitcoin has not been able to truly break through the key resistance level. Ether has attempted to break upward several times, but has left behind many upper shadows, indicating that the current rebound seems more like a temporary exertion of force by the bulls, and does not signal a trend reversal. Instead, the rebound creates a more suitable entry point for the bears, essentially accumulating energy for a stronger downward breakthrough later on, which is essentially laying the groundwork for shorting. The operating idea for midnight today is that those willing to take risks can try to establish short positions with light positions, while those seeking stability are advised to wait until the signals are clearer before following the direction of the breakthrough. Considering the current market situation, I personally still believe that shorting at high positions is the main strategy.
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Shorting BTC at 119600-120100, target focus on 118600
Shorting 4460-4500, target focus on 4360
​#比特币市值超越亚马逊 #ETH #BTC