Trading Philosophy: Look at the trend from a long-term perspective, find entry points from a short-term perspective;
Technical Analysis: In terms of Bitcoin, the weekly chart shows a bearish candlestick, the Bollinger Bands continue to open upwards, the MACD moving averages are flat, bullish volume continues to decrease, the KDJ line is moving downwards. On the daily chart, it continues to show a bearish trend, the Bollinger Bands have begun to flatten, the MACD moving averages continue to move downwards, bearish volume continues to increase, and the KDJ line continues to move downwards. On the 4-hour chart, the Bollinger Bands have begun to flatten, the market has been running below the middle band, the MACD moving averages have started to move upwards, bullish volume continues to increase slightly, and the KDJ line has started to move upwards;
In terms of Ethereum, the weekly chart shows a large bearish candlestick, the Bollinger Bands continue to open upwards, the MACD moving averages are moving upwards steadily, bullish volume continues to decrease, the KDJ line is moving downwards. On the daily chart, it continues to show a bearish trend, the Bollinger Bands continue to open downwards, the MACD moving averages continue to move downwards, bearish volume continues to increase, and the KDJ line continues to move downwards. On the 4-hour chart, the Bollinger Bands have started to flatten, the MACD moving averages are moving upwards, bullish volume is increasing, and the KDJ line is moving upwards;
In summary, the overall market has been in a downtrend. The short position on Bitcoin established in the early morning has successfully taken profit, while Ethereum has not been able to catch up. Currently, after a second dip, the market is experiencing a rebound, and it is expected that there will be some degree of recovery in the subsequent market. Aggressive trading can take long positions!
Trading Advice: Aggressively go long!
Current price for Bitcoin: Long in the 95700-96200 area, target 97500-98500, stop loss at 95000;
Current price for Ethereum: Long in the 3310-3340 area, target 3400-3500, stop loss at 3280;
The strategy is time-sensitive, specific guidance will be based on real-time private consultation!