The market is moving slowly, and yesterday I took a short position for the day and also took profit and exited. Bitcoin yesterday entered a short position at 77,400, with a stop at 76,700, capturing 700 points. Tonight, I entered a short position at 2,130, with a take profit at 2,090, gaining 40 points. I have also mentioned multiple times before that the market remains in a range-bound oscillation. No need to panic about high-position shorts; just hold and continue. The morning live broadcast also showed a short at the current price of 77,200, which is also slightly profitable. Oscillating markets are a good opportunity to accumulate positions within the range. If you can't grasp it, don't worry—stay with the trend.

Currently, on the one-hour chart, a long lower shadow has formed. Overall, the price has slightly resisted the rebound from the oscillation bottom, with buying power at the bottom still relatively strong. The indicator on the hourly chart also shows a relatively low level during the pullback, with signs of an upward turn. The 120-day moving average is also sideways, indicating that the short-term market will likely continue to consolidate and build momentum. In the short term, the bottom can attempt to go long to catch rebounds.

Bitcoin is expected to range between 76,000 and 78,000. For trading, go long near 76,500, and continue to catch rebounds on dips around 77,500-77,800. For Ethereum, consider going long around 2,080-2,090, targeting near 2,130. If the rebound continues to recover, short positions can be taken on dips. $BTC ‌$ETH ‌#股票交易挑战最高赢17000U