ShenJingyi

Thursday Morning Jingyi’s Bitcoin Trading Strategy
CPI inflation data exceeded expectations and was hawkish, which is bearish. BTC is currently around 817, with both the daily and 4-hour charts weakening simultaneously. The two MACD lines are turning downward. The overall strategy is to short on rebounds, maintain a bearish outlook in the medium to long term, with a target of 75000.
On the daily chart, the MACD histogram has turned from red to green, confirming a bearish divergence structure. Upward momentum has already dried up, and the trend has shifted from strong to weak. On the 4-hour chart, consecutive bearish candles are moving downward, while the MACD death cross continues to expand, indicating heavy short-term selling pressure. The brief stabilization after a slight decline is merely a weak recovery during the downtrend, not a reversal signal.
Trading Recommendations
Short on a rebound into the 828–832 range, targeting 814, with 803 next if support breaks.
The hawkish CPI is weighing on the market, and BTC has pulled back from a high-level divergence. Any rebound is an opportunity to short; do not try to catch the falling knife.

Wednesday morning Jingyi ETH strategy: trade the range by selling high and buying low before CPI
The daily chart remains bearish, while the 4-hour chart has stabilized at low levels and rebounded. MACD has formed a low-level golden cross, indicating a short-term corrective rebound. The short-term outlook favors range-bound rebound; go long on a pullback to support and set up short positions when the rebound reaches strong resistance.

From the daily chart, the larger-scale corrective trend has not reversed. This round is a recovery move after a sharp drop, not a reversal. After dipping to a low of 2407, the price rebounded


Trading plan
Go long when ETH pulls back to 2470-2480 and stabilizes, targeting 2537, with 2580 if it breaks through
Go short if the rebound is capped at 2575-2580, targeting 2490
A corrective rebound after the sharp drop; the major daily bearish trend remains unchanged. Treat it as a range, mainly buying on pullbacks and shorting when price faces resistance at higher levels.

Wednesday Morning Jingyi’s BTC Outlook
The daily chart remains in a high-level pullback phase. After bottoming at 803 on the 4-hour chart, it has staged a corrective rebound, with the MACD forming a low-level golden cross and short-term bullish momentum recovering. In the short term, focus on going long on pullbacks to lower levels, and then establish short positions when the rebound reaches strong resistance above. Overall, it remains a broad-range consolidation pattern rather than a trend reversal.
The daily chart’s broader upward momentum is weakening, indicating high-level pullback consolidation. It has not yet regained a strong upward structure. The short-term corrective rebound is continuing, but resistance at the previous high above is substantial, making a sustained rally difficult.
Trading Strategy
Short BTC if the rebound meets resistance at 841-850, targeting 830-818-803.
Consolidation recovery after the sharp drop; the daily broad pullback structure remains unchanged. Follow a range-bound approach: go long on pullbacks to lower levels and short again when facing resistance at higher levels.

10.13 Jingyi’s Gold Outlook
Gold pulled back again, opening at 4170 in the early session, reaching a high of 4175 and dipping to around 4153. With tensions in the Middle East escalating, gold prices retreated again after repeatedly testing lows and rebounding. Bears have the technical advantage, but avoid chasing short positions at low levels. Focus on the short-term support at 4150 and strong support at 4135; if support holds, long positions can be established.

On the 4-hour timeframe, short-term resistance above is at 4175, with key resistance at 4217–4223; short-term support below is at 4150, with core support at 4135. Overall, the market remains in a consolidation phase. Wait patiently for the right levels and do not rush to enter.

Trade Recommendations
Establish long positions at 4150–4155, add to longs on a pullback to 4135, set a stop-loss at 4129, and target 4187–4190. If the level breaks, look toward 4217 and continue holding after the breakout.