Money is not made through frequent trading, but rather through patiently 'sitting' on it. This indicates that long-term holding and patiently waiting are the keys to successful investing, as frequent trading often leads to unnecessary costs and risks.
This afternoon, Bitcoin only surged to around the midday high of 97000. Our afternoon strategy is also to take profit directly between 970-975, with a small gain of over 400 points. Ethereum has currently gained 30 points, and the price is around 96500.
From the current market perspective, Bitcoin has struggled to break above 97000 this afternoon, instead briefly exceeding it and then gradually declining, proving that the resistance above this evening is around the 97000 line. Therefore, we can directly follow the trend and short this evening, with at least a profit space of 800-1000 points. Looking at the hourly level, we are currently starting to see a transition between long and short positions, and the market should welcome a strong correction. Friends who are aggressive can directly short a wave, keeping a defense of 500 points.
Bitcoin strategy: Short around 96800, target 95500.
Ethereum strategy: Short around 3760, target 3650.