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In the early morning, BTC briefly probed a high around 64234, then came under pressure and dropped to around 62466 in the morning session, and has now rebounded to oscillate near 63000.
In the early morning, Lao Yang publicly disclosed his short idea in advance, and the market movement perfectly validated it. The BTC short order placed in line with the trend captured 792 points of space, and ETH captured 31 points of space.
Understanding the trend, stepping into the rhythm, precisely grasping the entry points, profits come very easily.
Looking at the current chart, BTC's daily line has formed a continuous oscillating upward structure based on previous lows. The lows are constantly rising, and highs are testing previous resistance slightly. Long lower shadows appear frequently, indicating sufficient buying support below. The main selling pressure above is concentrated near the Bollinger upper band.
On the four-hour level, the Bollinger Bands are slightly opening upward, and the price is running along the upper side of the middle band. Short- and medium-term moving averages are in a bullish arrangement. It has not touched the upper track overbought zone, nor has it fallen below the middle band to turn weak. Currently, it is a healthy upward oscillating rhythm. Therefore, the strategy remains to follow the morning layout.
BTC long in the range 62700-62200, with a target near 65000
ETH long in the range 1750-1720, with a target near 1850#Strategy上周减持3588枚BTC $BTC $ETH