#BTC资金流动性 Market Review on Tuesday Morning and Review of Monday



The market is like the sea; to sail steadily, having courage alone is not enough—what you need more is to see clearly where you want to go. Some people are tossed around by the waves, while others can ride the waves. The secret is actually quite simple: recognize the direction, then move forward without hesitation. True opportunities are never given by the market, but come from the moment you see through it and dare to take action.

**Yesterday's Market Review**

Bitcoin surged straight from around 87936 to 89600 early yesterday morning, then pulled back to 87845. The rebound momentum during the day was good, reaching the key point of 90599, but by evening it shrank back to around 89100, fluctuating repeatedly. Ethereum followed the rhythm of Bitcoin, pulling back from 3060 in the morning to 2966, then rebounding to 3077, and finally ending with fluctuations around 3025.

Yesterday's trading strategy was quite clear. The morning session indicated to short near the resistance level: Bitcoin was positioned around the 89500-89000 range, and Ethereum around 3050-3030. This wave captured profits from the upper and lower wicks. In the evening, I continued to short between 90500-90000. Although there was considerable volatility after the US stock market opened, I didn't miss several opportunities in the bearish trend. In actual trading, Bitcoin had one short and three longs today, capturing a space of 3458 points; Ethereum had one long and two shorts, securing a wave of 96 points.

**Current Technical Observation**

The four-hour chart looks a bit interesting. The price surged this time and reached as high as 90599, but was quickly pushed back down. It can be seen that bearish signals are gradually accumulating, and the probability of a short-term pullback is indeed increasing.

In terms of pattern, the price immediately retraced after breaking through the upper Bollinger Band, and now it is running back within the upper band. Although the Bollinger Band channel has expanded, the upper band shows signs of flattening, indicating that this breakout could not hold, which is a typical technical pressure signal. Additionally, the K-line has drawn a relatively long upper shadow, indicating that there is significant selling pressure at high levels, and the bulls are clearly lacking momentum. After a surge, the immediate pullback reflects a decline in market enthusiasm for following the trend to go long. This type of signal usually pushes the market to adjust downward.

**Recent Operation Suggestions**

The approach should still lean towards shorting on rallies, with a focus on positioning around key resistance levels.

Bitcoin can be shorted around 90000-90500, with a target towards the 88000-87500 area.
Ethereum is positioned for short positions around 3070-3050, targeting the 2970-2950 area.

The market will always give signals; the key is whether you are sensitive enough to capture them.
BTC-0.25%
ETH0.16%
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