Yesterday's bullish strategy was validated, with BTC rebounding by 7%. However, the current gains for BTC and ETH can only be viewed as a 4-hour level rebound and do not have the conditions for sustained upward movement. It is expected that the rebound will not last more than two days, and the specific space can be measured using the Fibonacci golden ratio tool.
After a big rise, the market's adjustment methods mainly have two types: one is time correction, which involves digesting the gains through sideways consolidation; the other is space correction, which completes the adjustment through a quick retracement, and this situation often benefits altcoin bullish operations.
Based on the current market situation, here are specific suggestions:
1. Long Position Operation: It is recommended to take profits in a timely manner, especially for those holding significantly appreciating spot assets, where one can choose to take profits in batches while looking for low-priced arbitrage opportunities in subsequent fluctuations.
2. Spot Strategy: The spot layout has been completed, and one can gradually increase positions when daily bearish candles appear for adjustment.
3. Short-term Opportunities: Utilizing the high points of BTC's rebound, the cost-effectiveness of shorting during intraday highs is relatively high.
In addition, pay attention to key price levels:
BTC
Short-term resistance is between 99610~100830
Short-term support falls between 96540~95670.
Market volatility is unpredictable, but efficiently utilizing structural opportunities can maximize returns. In short-term trading, grasping rhythm and risk control is equally important. $DOGE $BTC #“圣诞老人行情”再现