4.4 Cryptocurrency Market Review and Market Analysis Operation Strategy

CN
21 hours ago

Market Review and Current Trends

Yesterday, Bitcoin and Ethereum played a "fake move"—first pretending to rebound (Bitcoin surged to 84,000, Ethereum touched 1,845), only to turn around and crash down (Bitcoin dropped to a low of 81,100, Ethereum to 1,745). Although the drop was severe, the key support levels held firm, indicating that there is capital defending this position. However, the market is quite tricky, occasionally pulling off "false breakouts" to lure people in or suddenly "spiking down" to trigger contracts, so one must stay alert to avoid being caught in a spike loss.

Currently, the overall market is still in a volatile old routine, with Bitcoin hovering below the middle band of the 4-hour Bollinger Bands, and the short-term fluctuation range compressed to Bitcoin 81,000-84,000, Ethereum 1,760-1,840. This position is neither up nor down, making it suitable for a "buy high, sell low" strategy to harvest profits. The medium to long-term direction remains bullish, but we need to wait for the market to finish consolidating before it can take off.


Trading Ideas & Suggestions

(1) Short-term: Repeatedly Fluctuating Within the Range

  • Buy on Dips (Positioning at Support Levels):

    • Bitcoin: Start buying in batches near 81,000-82,000, stop loss below 80,000;

    • Ethereum: Start buying in batches near 1,750-1,770, stop loss below 1,730.
      (Don’t rush to go all in when it hits support! Buy in 2-3 batches, the more it drops, the more you buy, but be firm on stop losses)

  • Sell on Rallies (Positioning at Resistance Levels):

    • Bitcoin: Open a short position near 83,500-83,800, stop loss above 85,000;

    • Ethereum: Open a short position near 1,840-1,860, stop loss above 1,880.
      (Don’t be greedy! If you’ve made enough profit, take it and run; in a volatile market, it’s easy to lose if you keep messing around)

(2) Medium to Long-term: Waiting for Major Market Movements
If you’re itching to position for the future, slowly accumulate long positions near short-term support levels:

  • Bitcoin: Place buy orders in batches at 81,500, 80,000, and 79,000;

  • Ethereum: Place buy orders in batches at 1,750, 1,700, and 1,650.
    (Medium to long-term target looks at the upper band of the 4-hour Bollinger Bands: Bitcoin 86,500, Ethereum 1,920, but it may take time)

Key Reminders

  1. Prevent Spike Losses:
    Place additional "buffer zones" below support levels to prevent the market from intentionally spiking down to trigger stop losses.

  2. Avoid Overreacting:
    Don’t change your strategy just because of price fluctuations! Set your orders and stick to your plan; the more you mess around in a volatile market, the easier it is to lose.

  3. Position Management:
    Don’t exceed 10% of your capital in a single trade, especially for contract traders; holding a position may feel good temporarily, but liquidation brings tears.


Summary

The current market resembles a tug-of-war, with both bulls and bears lacking the strength to make significant moves. In this situation, playing it safe and harvesting profits is more reliable than betting on direction.

Remember two phrases:

  • Short-term: Take profits and run, cut losses if wrong; the market won’t miss this opportunity!

  • Long-term: Buy when it drops, hold when it rises; only those who can endure volatility deserve to reap big rewards!

(The market is always against the flashy; simple repetition is the hallmark of experts. Stay steady!)

(Note: 📣 Due to the limited timeliness and depth of information on public platforms, the market changes rapidly. Key turning points, precise trading strategies, and sudden risk alerts need to be synchronized in real-time on (WeChat Official Account - Bitcoin Big Bear). Here, you can receive: real-time strategy updates, in-depth analysis support, interactive Q&A, and risk warnings and optimization suggestions tailored to your personal holdings. 🚨 Remember: the market always rewards those who act faster and have more accurate information! Be a winner among the minority.)

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