Wednesday Cryptocurrency Trading Strategy

On Wednesday, after experiencing an overnight pullback, the market provides us with a good opportunity to go short, which allows for the smooth closure of previous short positions.

From an overall trend perspective, the subsequent market still tends to develop bullishly. We should adopt a strategy of buying on the initial pullback, gradually advancing upwards in line with the bullish trend.

In terms of key price levels, the support level is at 104500, while the resistance level is at 108500.

During the morning session, if the price pulls back close to the support level of 104500, then a short-term buy operation can be considered.

As for Ethereum, its trend remains consistent with Bitcoin.

Therefore, similarly, we can first follow the current bullish trend to buy Ethereum, gradually earning profits in line with the market rhythm.

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