7.5 midday market analysis!

When the waves of the market are surging and the price fluctuations are as thrilling as a roller coaster, do not let fear dictate your actions. Remember, those who hold firm in the dark are often the ones who can welcome the brightest dawn. The seemingly unattainable dreams of wealth may be waiting for you just around the next corner. On Friday evening, after a slight rebound to the high point of 109071, the Bitcoin market faced downward pressure again. Near midnight, the price hit a low of 107291 before stopping. The second market maintained a synchronous movement with Bitcoin, with prices dipping from the high of 2558 in the afternoon to a low of 2474 before slowing down. Early in the morning, Sheng Ge used his sharp insight to capture the bearish pullback, simultaneously placing short orders for Bitcoin and Ethereum, entering around 109629 and 2595 respectively, and taking profits around 108814 and 2548, with Bitcoin shorts achieving an 800-point gain and Ethereum shorts capturing a 47-point gain. In the evening, Sheng Ge again placed a short order for Ethereum, entering around 2532 and exiting around 2481, securing a 51-point gain.
From the perspective of four-hour technical analysis, the current price of Bitcoin is gradually rising and continuously testing the support level of the middle band of the Bollinger Bands. If the price can effectively break through and maintain above the middle band, the bullish forces are expected to regain control of the market, driving a new upward trend. However, with the weekend approaching, market trading activity usually declines, making the probability of significant one-sided volatility lower. It is expected that the intraday price will primarily exhibit range-bound fluctuations. In terms of operational strategy, it is recommended to adopt a short-term trading approach, seizing the opportunity to enter long positions when the price pulls back to relatively low levels.
Operating Suggestions
Pancake strategy: buy around 107300, target: around 109500.
Two pancake strategy: Buy near 2480, target: around 2560.

​#BTC重返11万 #特朗普马斯克分歧