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Today’s moves in Bitcoin and Ethereum were both fully anticipated and played out as expected, with the two major assets showing differentiated yet interconnected price action.
For Ethereum, we provided a low-level entry strategy in the morning without rushing in, patiently waiting for the right opportunity to enter. As the other party was on vacation and had no time to monitor the market, we gave a timely exit reminder after the subsequent rally, successfully capturing gains within the range.
Bitcoin produced two moves during the day: first, we entered at low levels to capture the upside. In the afternoon, upward momentum weakened as price reached resistance, and we anticipated the reversal in advance, signaling a reversal trade to capture the downside. Even though our partner was busy with their offline business and had no time to watch the market, they were able to complete two rounds of profit-taking by following the signals.
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