Technical Analysis: In terms of Bitcoin, the daily level has closed with a small bullish K, the Bollinger Bands continue to open upwards, and the MACD moving average has started to rise, with bullish volume decreasing. The KDJ line is also starting to rise. At the 4-hour level, the Bollinger Bands are starting to slowly open, the market has been consolidating at high levels, the MACD moving average is steadily rising, bullish volume is beginning to show slight increases, and the KDJ line is also moving upwards;
In terms of Ethereum, the daily level has closed with a bearish K, the Bollinger Bands continue to open upwards, the MACD moving average continues to decline, bearish volume is beginning to increase, and the KDJ line continues to decline. At the 4-hour level, the Bollinger Bands are starting to flatten, the MACD moving average is running parallel, bearish volume is showing slight increases, and the KDJ line is moving downwards;
In summary, the overall market trend remains strong, primarily characterized by range-bound fluctuations. Bitcoin is gradually too high, while Ethereum is showing sideways movement instead of a decline. Future operations are suggested to continue with buying high and selling low, waiting for a breakout from the range to follow the trend! The high sell and low buy strategy implemented yesterday seems a bit conservative, and the stop-loss position for the short position in Bitcoin was hit, so a slight adjustment can be made going forward!
Operation Suggestion: Buy high and sell low!
Short Bitcoin in the 93300-93800 area, with a target of 92000-91000 and a stop-loss at 94500;
Long Bitcoin in the 91000-91500 area, with a target of 92500-93500 and a stop-loss at 90500;
Short Ethereum in the 3180-3210 area, with a target of 3100-3050 and a stop-loss at 3230;
Long Ethereum in the 3040-3070 area, with a target of 3120-3200 and a stop-loss at 3000; $BTC