Trader Liang Qiu: 12.6 Bitcoin/Ethereum Trading Strategy with Market Analysis

Bitcoin/Ethereum just broke a new high yesterday, followed by a spike up and down in the early hours of the morning. The key issue is that after the spike down last night, the daily candle closed bearish, which indicates that the trend is starting to weaken. If this spike down had resulted in a bullish daily close, the market could have been viewed more positively. Our strategy from last night to set up a long position on a pullback, if we entered long around 3850 to 3880 and it rose to 3930 without taking profit, we would have exited with a stop loss. Currently, although Bitcoin has surged, the daily candle has closed bearish, and the body of the candlestick is mostly below 99000, indicating that after the surge, the market is likely to see a pullback.

In terms of trading, we could enter a short position on Bitcoin around 98400 to 98800, targeting approximately 96500; for Ethereum, we could enter a short position around 3920 to 3950, targeting around 3850. The current market is primarily in a wave pattern, and the publication is timely, with specific guidance based on real-time analysis. #比特币回升至97K