Today, we have been bearish in the market, continuously shorting. This morning, we secured over 800 points and in the afternoon, we captured another 800 points. The price slowly declined from 73660 to a low of 71400 in the evening, resulting in a drop of nearly 2000 points today. We can only say that the market has given us opportunities, and we just need to go with the flow. Currently, Bitcoin is near 72100.
From the current trend, Bitcoin broke below the 72000 mark in the evening, and we exited our short positions as per the trend. The daily chart has shown four consecutive gains, the Bollinger Bands continue to open upwards, the MACD moving averages are moving upwards, the bullish volume continues to increase, and the KDJ line continues to move upwards. On the 4-hour chart, the Bollinger Bands are opening upwards and the market has reached the upper band. The MACD moving averages have started to turn downwards, bullish volume is continuously decreasing, and the KDJ line has started to move downwards; in the evening, we will continue to pull back and go long. #小非农ADP走高 $BTC $ETH
Bitcoin strategy: Long around 71500, target 73000
Ethereum strategy: Long around 2700, target 2780