The overall market was not showing significant fluctuations on the last day of the week, with a maximum intraday range of no more than 800 points. However, it is clear that the market is showing signs of recovery. You don’t need to worry too much about this kind of rebound pattern—this small-range fluctuation will not change the overall downside structure on the daily timeframe!

On Monday, the main approach was low-buying, with a total of 2 orders placed. It captured 900 points of potential space. This round did not provide many opportunities to place setups due to the U.S. stock market being closed for the holiday!

First order: entered long at 76455, exited at 77148, taking 693 points of space
Second order: entered long at 77314, exited at 77531, taking 217 points of space

On Tuesday, during the daytime session, the thinking still remained unchanged with low-buying. At night, the news flow led to a big move, with both long and short taking opportunities (“both long and short benefited”). A total of 4 orders were placed, capturing more than 2000 points of space!

First order: entered long at 76615, exited at 77150, taking 535 points of space
Second order: entered short at 77218, exited at 76789, taking 429 points of space
Third order: entered long at 76789, exited at 77900, taking 1111 points of space
Fourth order: entered short at 77936, exited at 76824, taking 1112 points of space

On Wednesday, there weren’t many opportunities during the daytime. The thinking still suggested low-buying, while after the U.S. stocks opened in the evening, there were multiple attempts to test the 75000 support level. In the short term, it was unable to form a breakout. One intraday position was set up, capturing nearly 400 points of space.

First order: entered long at 75750, exited at 76090, taking 340 points of space

On Thursday, the market broke through 75000 directly. The approach decisively shifted from longs to shorts. Unfortunately, the long position setup placed during the early-morning phase was stopped out for a loss. In the evening, two short-term setups were given, capturing 750 points of space.

First order: entered short at 73104, exited at 72848, taking 256 points of space
Second order: entered short at 73138, exited at 72695, taking 443 points of space

On Friday, the overall market formed a range-bound consolidation pattern, and there was not much movement. The live trading approach was mainly “buy low and sell high.” During the livestream, setups were also provided—2 orders in total, capturing 1400 points of space.

First order: entered short at 73746, exited at 73356, taking 390 points of space
Second order: entered short at 73627, exited at 72593, taking 1034 points of space

As usual over the weekend, no setups were provided. Rest for two days. Looking at the current market, after the market has gone through consolidation, the weekly timeframe is showing a slight upward bias. But after moving through the midline area, the strength of the upward move is clearly not enough. A new round of pullback has started. With volume, there is likely to be bigger market movement in the future. On the daily timeframe, the move continues along the lower track; all three lines are turning downward in sync. The downtrend is easy to see—each pullback starts by approaching the midline, and then the decline begins. Most likely, this pattern will continue. In the short term, the future approach will still mainly focus on high shorts.

On the news front, there are both bearish and bullish developments. But it’s not hard to see from last week’s market action that bearish news can affect the price action in real time, while bullish news has been underwhelming, producing only around a 100-point increase. Combined with recent news, the next time the market rallies is likely when the U.S.-Iran agreement is signed and comes into effect—that would be when the next round of upward move begins. However, in the short term, the strategy is already based on high shorts. For the long term, I still look favorably on an upward move, because the signing of the U.S.-Iran agreement is a confirmed event and won’t drag on for more than a few days. As Ning Ge said in the livestream: when there aren’t many benefits left to extract, then naturally the peace agreement will be signed!

Short-term
BTC: Short around 74500, looking to 72000 down
ETH: Short around 2040, looking to 1960 down

Long-term
BTC: Short around 72000, looking to 80000 up
ETH: Short around 1950, looking to 2150#成长值抽奖赢金条