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Afternoon long strategy, as the market retraced to 79,600, I decisively signaled to enter long positions, starting smoothly with small profits. Unexpectedly, the market suddenly dropped sharply, the rhythm instantly reversed, and then I safely exited the long position at break-even, switching to a short position in response. Coinciding with unexpected negative news catalysts, the market rapidly accelerated downward, and the short position captured a substantial profit of 1,400 points. Trading is never limited to a single direction; always flexibly adapting to market strength and weakness, seamlessly switching between long and short, steadily capturing each wave of trend movements.
Currently, the short-term upward structure is weakening, market sentiment is becoming cautious, bullish momentum continues to weaken, and high-level oscillations are showing signs of fatigue, indicating that a new round of rally has not yet begun. Increased news-induced volatility raises the risk of a market pullback. Be patient and wait for the correction to complete before considering new long entries.
Tonight’s Bitcoin trading plan: directly short at 79,000-79,500. Target 78,000, Ethereum at 2,350-2,370, directly short with a target of 2,300.