The monthly close shows that both BTC and Ether have closed with bearish K-line, indicating a certain short positions trend signal. On the daily chart, BTC only dipped to the 106000 line, proving that the support here is still relatively strong. The trading range is still maintained, with support at 108500-106500. After a few days of adjustment, a bullish candle has formed, and the short-term resistance at 110500 remains effective. A breakout would look at 112500-113000, and if it continues to rise, it would reach the top of the trading range at 115000. The daily chart for Ether is similar, dipping to the bottom support of the trading range at 3750 before starting to rebound. It is currently adjusting near 3900, with short-term resistance at 3880-3900. A breakout would look at the resistance level of 3980-4000, and if it continues to rise, it would reach the top position of the trading range at 4270.

Looking at the 4-hour level, BTC has just touched the bottom and rebounded to the middle resistance level around 111500, with the upper range at 113500-116000 and the lower range at 108000-106000. Ether on the 4-hour chart has actually broken down the trading range, but the subsequent rebound is also forming a long wick candle in a larger timeframe. Currently, it has rebounded to the middle resistance level around 3950, with the upper range at 4080-4250 and the lower range at 3800-3750-3680.

This week, we relied on the trading range structure to continuously position BTC and Ether, from the bottom to the top, and from the top to the bottom, achieving an 11-game winning streak with substantial overall gains, all of which can be verified in previous texts! Although the current market has not broken the trading range, I personally lean towards a possible downward trend, so the subsequent operation suggests continuing to short positions!

Aggressive short-term trading strategy:

Short BTC at 111000-111500, target 110000-108500, stop loss above 112500;

Short Ether at 3900-3930, target 3830-3750, stop loss above 3990;

Strategies are time-sensitive, primarily guided by real-time private advice!
#参与创作者认证计划月领$10,000 #Gate跨所交易平台CrossEx上线 #美联储如期降息25基点