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True strong players in the crypto world manage fluctuations with a peaceful mindset, guarding value with tenacious will. The Bitcoin market on Thursday evening did not break out of a larger range, with prices coming under pressure after peaking at around 116749, followed by a slight pullback to around 115983, and then oscillating within this range. The Ethereum market in the evening also came under pressure after peaking at around 3863, with prices slightly retreating to around 3803 before stopping and rebounding. Brother Sheng's layout of one short and one long for Bitcoin and one short and one long for Ethereum during the day was precisely controlled. In the morning, Brother Sheng simultaneously placed short orders for Bitcoin and Ethereum, arranging to get on board near 114979 and 3697 respectively, and exiting near 114271 and 3655, with a 700-point space gained for Bitcoin and a 42-point space for Ethereum. Subsequently, as the market continued to rise, Brother Sheng did not blindly choose to enter short orders, but followed the trend to set up long orders for Bitcoin and Ethereum after both prices formed breakouts, getting on board near 115556 and 3763 respectively, and taking profits near 116644 and 3831, with a 1100-point space gained for Bitcoin and a 68-point space for Ethereum. The total layout for one short and one long for Bitcoin during the day gained a total of 1800 points, while Ethereum gained a total of 110 points.
According to the current market situation, the four-hour level shows that the price has made a three consecutive rising candles breakthrough the upper Bollinger Band but has paused and slowed down. While refreshing the intraday high, there is also a pressure from above, prompting the price to continue breaking upwards. Currently, the price has entered a correction phase, and the bullish momentum is starting to dissipate. The overall market pattern is gradually turning from strong to weak. From the one-hour level, after a round of consecutive rising candles, the market shows an alternating pattern of bullish and bearish movements, gradually returning to below the upper Bollinger Band. The KDJ indicator's three lines are turning down from a high position and gradually converging, indicating a potential death cross formation. The overall trend is also causing a fluctuating decline during the switch between bullish and bearish phases. Currently, it is difficult for the bulls to break through with increased volume again, so we will maintain a high short order strategy for midnight operations.
A short order can be placed near Bitcoin 116800-117000, targeting 114000.
Short order near Ethereum 3850-3870, target looking at 3750#晒出我的Alpha积分 #Gate & WLFI USD1 积分计划将上线 #ETH巨鲸增持