Good weekend everyone! Let me review the market trend during this cycle.
**Evening Market Review and Recap**
Bitcoin dipped to around 94234 in the evening and started to rebound. By the morning, it had surged to around 95550, then entered a phase of oscillation and consolidation, with an overall fluctuation of about 400 points. Ethereum's performance was synchronized with Bitcoin; it stabilized near 3251 in the evening and rose to around 3298 in the morning.
In last night's real trading operations, Bitcoin shorted at 95378 for nearly a thousand points profit, then reversed position to go long at 94512, earning nearly another thousand points, and successfully took profit. This dual-direction approach captured opportunities in both directions, yielding good results.
**Technical Analysis**
From the daily chart perspective, after a slight pullback, Bitcoin stabilized and rebounded, currently maintaining a high-level oscillation. Although there is some phased selling pressure above, the support framework below is more solid. The initial zone of the large bullish candlestick is key for the bulls' defense. As long as the price stays above this zone, the overall strong consolidation rhythm will not change.
Switching to the 4-hour cycle, Bitcoin is consolidating within the middle and lower bands of the Bollinger Bands, with both bulls and bears stuck in a stalemate within the current range, and no sustained breakout trend has formed yet. Additionally, market volatility is currently low, so short-term trading opportunities are limited.
**Trading Suggestions**
Based on the current range characteristics and market environment, it is recommended to focus on flexible short-term operations and avoid rigidly chasing large fluctuations.
Bitcoin: Consider going long around 94700-94400, targeting about 96000.
Ethereum: Go long near 3240, targeting about 3330.
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VCsSuckMyLiquidity
· 5h ago
Damn, both sides have copied it. This technique is pretty impressive.
View OriginalReply0
CoconutWaterBoy
· 5h ago
Bidirectional operation of thousand-point market movements, this skill truly is exceptional.
View OriginalReply0
Layer2Arbitrageur
· 5h ago
lmao 400bps swing and calling it "complex analysis"? just ran the numbers — you're literally leaving money on the table by not bridging across rollups during these micro-volatility windows.
Good weekend everyone! Let me review the market trend during this cycle.
**Evening Market Review and Recap**
Bitcoin dipped to around 94234 in the evening and started to rebound. By the morning, it had surged to around 95550, then entered a phase of oscillation and consolidation, with an overall fluctuation of about 400 points. Ethereum's performance was synchronized with Bitcoin; it stabilized near 3251 in the evening and rose to around 3298 in the morning.
In last night's real trading operations, Bitcoin shorted at 95378 for nearly a thousand points profit, then reversed position to go long at 94512, earning nearly another thousand points, and successfully took profit. This dual-direction approach captured opportunities in both directions, yielding good results.
**Technical Analysis**
From the daily chart perspective, after a slight pullback, Bitcoin stabilized and rebounded, currently maintaining a high-level oscillation. Although there is some phased selling pressure above, the support framework below is more solid. The initial zone of the large bullish candlestick is key for the bulls' defense. As long as the price stays above this zone, the overall strong consolidation rhythm will not change.
Switching to the 4-hour cycle, Bitcoin is consolidating within the middle and lower bands of the Bollinger Bands, with both bulls and bears stuck in a stalemate within the current range, and no sustained breakout trend has formed yet. Additionally, market volatility is currently low, so short-term trading opportunities are limited.
**Trading Suggestions**
Based on the current range characteristics and market environment, it is recommended to focus on flexible short-term operations and avoid rigidly chasing large fluctuations.
Bitcoin: Consider going long around 94700-94400, targeting about 96000.
Ethereum: Go long near 3240, targeting about 3330.