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Yesterday, after the release of the ADP non-farm payroll data, the market fell into a continuous downward trend in the evening. We also seized this opportunity, with both long and short positions yielding gains.
First, let's review yesterday's performance:
For BTC, a long position at 91,878 was closed at 93,491, capturing 1,613 points; a short position at 92,556 was closed at 91,698, gaining 858 points.
For ETH, a short position at 3,248 was closed at 3,201, earning 47 points.
From a technical perspective, currently bears hold the advantage, with prices continuously breaking below moving averages, and the MACD green bars lengthening, indicating that the downward momentum is still being released. This recent rally does have a fleeting feel, but even with a pullback now, my main outlook remains bullish — this view hasn't changed.
Looking closely at the daily chart, BTC has recently formed a relatively long bearish candle, indicating that bears are indeed dominant in the short term. However, on the hourly chart, multiple long lower shadows around 91,400 suggest some support at this level. Overall, the trend remains in a weak oscillation phase, which is a normal shakeout process. Friends who are caught in positions shouldn't be too anxious; the market naturally oscillates within a range—drops will be followed by rises, and rises by drops. This is perfectly normal.
Next trading strategy:
For BTC, go long in the 91,500-91,000 range, targeting 93,000.
For ETH, go long in the 3,130-3,100 range, targeting 3,250.