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With the weekly and monthly closing approaching, Bitcoin/Ethereum has first gone short and then long, and the long order target levels have basically all been reached.
After taking profits on the short order for Bitcoin/Ethereum early last night, the strategy of placing long orders around 2960 to 2980 and 90000 to 90400 was implemented. Following a market pullback, the price oscillated and surged, with target levels of 91800 and 3060 being largely achieved, securing a significant range. As emphasized multiple times over the past few days, the oscillating market has allowed for repeated opportunities to capture range. This week, Ethereum has gained at least over 1000 points in range. Congratulations to those who kept up.
Tomorrow marks the end of the weekly and monthly charts, and a change in the market is imminent. Last Saturday and Sunday, I emphasized multiple times the rebound at the weekly level, and the market has indeed risen from the bottom as expected. Will the weekly level continue to rise in the future, and can the monthly level stabilize before rising again? In the past few days, I have repeatedly emphasized that high selling and low buying can achieve relatively large gains, but this strategy will no longer be viable moving forward.
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