Early morning Bitcoin fluctuated and oscillated around the 64,300 level, then bears gained momentum, and the market continued to decline, falling to around 61,100. The overall trend throughout the day was dominated by bears. Previously, during the night, there was a long position strategy around 63,900. In the early hours, the bearish momentum quickly exhausted, and Bitcoin surged significantly within an hour. We entered long positions at 63,900. When it dropped to around 63,600, we promptly cut losses and exited with a small loss of over 200 points. Then, we switched to a bearish strategy and laid out short positions, accurately following the downward trend. In the afternoon, Bitcoin fell to 61,600, gaining 2,000 points. Although the strategy was announced in advance, our operations always closely follow the real-time market and adjust flexibly. The market is unpredictable and volatile. Friends following the layout know that whenever there is an abnormal movement, I will immediately adjust the strategy and modify the entry direction accordingly.
From a technical perspective, the current market structure shows that earlier, around the 64,300 level, a phased oscillation range was formed, with multiple attempts by the bulls to break through but facing resistance. The upward volume continued to shrink, and the upper boundary of the range was confirmed as effective resistance. Subsequently, the bears concentrated their selling, and after breaking below the support of the range, a continuous decline began. The candlesticks closed consecutively with downward movement, with highs and lows gradually shifting lower, officially establishing a bearish trend. The price dipped to around 61,100. Currently, the market is just experiencing a small technical correction after a rapid decline, with only small-bodied candlesticks oscillating, and no signs of a reversal or stabilization. The downward trend remains intact. In the short term, it is advisable to follow the trend and operate with a bearish mindset. Those without short positions can consider entering at the current price.
In the afternoon, I personally suggest shorting Bitcoin around 62,400-62,900, targeting around 61,200. For Ethereum, look for short opportunities around 1,680-1,700, with a target near 1,610. #分享美股交易赢英伟达股票