Trader Liang Qiu: 11.25 Bitcoin/Ethereum Trading Strategy with Market Analysis

A new week has begun, and compared to the relatively quiet weekend market, this week's Bitcoin/Ethereum overall volatility is quite decent. In fact, this kind of market only requires a bit more patience; the returns won't be bad, but the fear is a lack of patience leading to stop losses. After the overnight decline of Bitcoin and Ethereum, there was a rebound, but the rebound did not break above yesterday's high during the day, let alone the recent high point. The overall trend still lacks momentum for further upward movement. As the high-level consolidation lasts longer and the news is digested, there will be further downward momentum.

Recently, Bitcoin has been fluctuating around 98,000, forming a relatively high consolidation area. The candlestick chart shows multiple upper shadows, indicating strong resistance above, and the lows are continuously decreasing, which will intensify the bearish forces. In the MACD four-hour cycle, both DIF and DEA are negative, and the MACD histogram shows green bars but with signs of shortening. As we enter Monday, this week's market fluctuation will continue. On the hourly chart, Bitcoin/Ethereum is still in a rebound phase, with some short-term space above, but the upper pressure can be referenced from yesterday's high point. Be sure to manage the swing trades well.

For trading, enter short positions for Bitcoin around 98,400 to 98,800, targeting around 96,500; enter short positions for Ethereum around 3,400 to 3,430, targeting around 3,320. Currently, the market is primarily in a swing phase, and the content of this article is effective; specific guidance should be based on real-time updates. #ETH市场新动向 #BTC创历史最大月度涨幅