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Trading itself is never difficult; the challenge lies in accurately capturing the direction amidst the fog of ups and downs, and staying true to your core in oscillations and fluctuations. Market rises and falls are normal; only by recognizing the trend and maintaining your original intention can you navigate volatility and achieve steady progress. In the afternoon, I entered a long position at 81,365 on Bitcoin, and decisively exited in the evening at 82,695, securing a gain of 1,330 points; after the market broke higher as expected, it retraced, so I took a short position at 82,688, quickly exited at 82,189, and gained another 500 points. Firmly rejecting the post-hoc analysis, I first went long then short, capturing both directions, totaling a gain of 1,800 points!
On the 4-hour chart, after rising and forming a bearish engulfing pattern that tempted buyers, a very strong bearish candle immediately followed, swallowing most of the previous gains. The bullish arrangement had already loosened, and this decline is essentially a technical pullback after a lack of upward momentum. On the hourly chart, after four consecutive bullish candles, it quickly reversed into three bearish candles, falling back. Even with a long lower shadow, it was only a brief resistance during the decline, a false rally correction, with support levels at risk of breaking at any time. This pattern of rising then falling, with a lack of rebound strength, is essentially a bullish trap.
Bitcoin between 81,500 and 82,000 can be shorted, with a target of 80,000.
Ethereum between 2,350 and 2,380 can be shorted, with a target of 2,280.