The volatile market is really tormenting. Do you want to buy the dip? The market can make you doubt life — just when you enter, it continues to crash, and there are still eighteen levels of basements below. Don't rush to all in, wait for clear signals before taking action. Today, it's likely that we will test the gap again.
Many people are now focusing on long-term upward potential, but I think the core issue at the moment is that the cost-performance ratio of long-term layouts is seriously insufficient. Do you remember the previous surge to 107,000? A typical bait-and-switch trap, followed by a vertical drop, leaving a bunch of people stuck at high positions as "nail households". Passively waiting to break even? That's not the smartest choice.
The current rebound above 89000 is actually a good opportunity for short-term trading. It is anticipated that there will be a continued consolidation, so after entering the market, focus on a profit margin of 3000 points—withdraw when close to the target, don’t be greedy. The money that you can hold securely is the real deal. If you are not familiar with short-term trading yet, it is recommended to systematically learn the logic of volatility trading; it is actually quite quick to get the hang of it.
**BTC Market Analysis**
Daily level: Yesterday we saw a large bullish candle, and the price has already broken through the previous high of 93500, showing a good short-term rebound momentum. However, the MACD is still hovering at a low level and hasn't fully turned strong; the RSI is climbing but not overheated; the EMA7 and EMA30 are about to form a golden cross, with the bottom support being solidified.
Hourly chart perspective: In the recent few hours, there has been a continuous rise, but the latest candlestick shows a long upper shadow and a small body, indicating that selling pressure is starting to emerge from above. The MACD's DIF has crossed above the DEA to form a golden cross, and the red bars are increasing in volume, suggesting a short-term bullish trend; the RSI has reached 61.69, entering the overbought zone, so caution is advised for a potential pullback; the EMA7 has crossed above the 30-period moving average, and the price is still far from the 120-period moving average, indicating a short-term bullish advantage. Today's strategy focuses on buying the dip.
**Today's Trading Strategy**
BTC Long: Enter in the range of 89500-90500, set the stop loss below 88500, target at 95000-96000
BTC short position: open in the range of 95500-96500, set stop loss above 97500, target 92500-93300
ETH short position: enter in the range of 3230-3270, stop loss above 3820, target 3050-3100
ETH Long Position: Enter in the range of 2900-2950, stop loss below 2880, target 3200-3250
Today's market is suitable for a small swing. If ETH rebounds to around 3070, I'm ready to short it directly – either I make a profit or I accept the loss.