The recent trend of #币安Alpha项目公布 is still relatively easy to grasp. Overall, it is quite conventional, consistently operating within a large range. When it reaches the upper pressure point, it begins to retract, and once it has retracted sufficiently, it starts to rebound. The key strategy is to go down and then come back up. We have also been jumping back and forth within the range, first shorting at a high position to capture a major profit at 1999 points, and then later reversing to buy low, capturing another major profit at 840 points for Bitcoin and 42 points for Ethereum. Did any friends manage to keep up today? All strategies were publicly shared in advance, and everyone can compare them one by one.
The daily chart for Bitcoin continues to test downwards after closing in the red, rebounding after hitting 103000. Although the current operating range has slightly shifted downwards, there is no sign of a one-sided bearish trend. With the four-hour level movements contracting, it currently looks more like a bottoming formation. The lower levels are filled with wicks, indicating that the bulls have a decent ability to reclaim lost ground. Overall, it is a structure of a bottom rebound, so in the early morning, we can first take a short position to see the strength of the rebound.
Buy Bitcoin at 104400-104200, watch 106500
Buy Ethereum at 3860-3850, watch 3940