Yesterday, I provided a long position at 1750-40, aiming for 1800, with a profit of 50 to 60 points.

At 11:55, the price was being pressured by the middle track, hovering above 1810 repeatedly. So, I planned to enter a short position in the group, targeting 1760. When Ethereum fell to around 1780, I had already made a profit of 30 points, so I began to remind everyone to reduce their positions and secure their capital.

When the price rebounded to 1800, I continued to remind everyone to enter short positions, targeting 1740. At 18:57, I closed the short position for 60 points of profit!!

At 21:34, I again provided a short position at 1780-90, with a target of 1740-1720. The first target has been reached and we are still in profit!

The daily chart shows the Bollinger Bands are still opening downwards. The short-term support below is yesterday's 1714. The KDJ three lines are all in the 20 oversold area, and the MACD double lines continue to diverge downwards. The bearish volume indicator has not weakened but rather shows a trend of increased volume. Therefore, the long-term downward trend has not changed. If the price falls below the previous low of 1714, the bearish movement will accelerate, possibly heading to around 1680-1650. However, short-term adjustments can be gambled with small positions.

It is suggested to enter long positions near 1720-1710, targeting around 1780-1800. (Public account: Thirteen Ethereum)

From the daily chart, Bitcoin has been falling along the lower track of the Bollinger Bands, with the bands opening downwards. The MACD double lines are diverging downwards, with green bars extending, and all the mid-term moving averages and Bollinger Bands are pressing down. However, in the four-hour chart, the Bollinger Bands have a temporary flattening posture, and the MACD green bars below are gradually shortening, with the KDJ slightly turning up from a low position. Therefore, Bitcoin will undergo a short-term oversold recovery, but the rebound space is limited. Bringing the price to the resistance area is our opportunity to enter short positions accordingly.

It is suggested to enter long positions near 62500-62100, targeting around 63500-64000. (Public account: Thirteen Ethereum)

The market changes rapidly; strategies are for reference only. Please manage your stop-loss and take-profit.

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