Wednesday, the daily line closed up, moving higher, short-term first long then short

Yesterday's clear washout of shorts led to a significant explosion of long positions in the past few days, and the whale finally started to clean up the chips in the market. It was another round of classic double killing of longs and shorts. The overnight high reached around 96,200, then faced pressure and dropped sharply to the 93,000 area, briefly breaking the downward rhythm. Today, we first go long and then short!

The daily line rarely shows a bullish close, but the upper shadow is relatively long. The K-line is still in a low-level consolidation transition, and the wide fluctuation rhythm is not suitable for stubbornly pursuing a one-sided position. Yesterday was the best example, so we made timely adjustments based on the signs in the market. Today's approach is very clear: first, refer to going long above 93,000, then we can look for short positions!

Bitcoin: Go long in the 93,000-93,500 area, target 95,500, if it doesn't break, then look for short positions again.

Ethereum: Go long in the 3,300-3,330 area, target 3,400, if it doesn't break, then look for short positions again.

A new year brings new hopes. Regardless of the past, I wish everyone good health, peace, happiness, and all the best!