Continue to watch for mid-line pullbacks!
Good evening everyone, the weekend is approaching, and the market is becoming increasingly unclear. I wonder if everyone is feeling hesitant and indecisive. On the evening of the 12th, I saw a short-term bullish and medium-term bearish outlook, which was confirmed as expected. However, the actual market movement deviated slightly from expectations. After adjusting the stop loss, I broke even on one trade, and the second round balanced out, with a low profit-loss ratio.
At 2 AM on the 13th, I indicated that we had reached the top, and it was safe to short boldly. From 4 AM to 5 AM, Bitcoin fell to a low of 99,200, and Ethereum dipped to a low of 3,837, rebounding after hitting previous resistance. During this period, Yicheng executed three rounds of short and long trades, taking profits on rebounds and pullbacks, ultimately achieving a dual kill! The passive situation on December 12 was balanced out.
Next, let's talk about today's market. After breaking down in the early morning, Bitcoin fell below 101,200 to around 99,400. Bitcoin has been oscillating within a range of two thousand points, spending most of the day in the 99,300-100,300 range, while Ethereum ranged between 3,840-3,940, with overall volatility stronger than Bitcoin. Both the rebound intensity and selling pressure were stronger than Bitcoin, leading to prolonged consolidation and disrupting retail investors' judgment, making an already unclear situation even more ambiguous.
During this process, Yicheng maintained high corrections, occasionally pulling back, achieving five victories without loss for the day, currently holding short positions while observing the market.
Gradually shorting Bitcoin at 100,500 with small positions, leaving room for further entries.
Looking to short at 99,500, then 98,800, with a stop loss at 101,700.
For Ethereum, around 3,930, add at 3,960, stop loss at 3,988.
First, look for around 3,850, if it breaks, then look for 3,780.
$BTC #BTC☀ #BTC走勢分析