The K-line in the crypto world has never been a smooth straight line, but rather a curve full of intense fluctuations, sharp rises, and falls. Every sharp decline is an extreme test of mentality, and every sideways movement is a brutal grind of patience. You must understand that volatility is never risk, but the normal state of the market. The real risk lies in inner greed and fear, in blind impulsiveness when chasing highs, and in despair and compromise when cutting losses. After the dip to the 70,470 low on Thursday night, Bitcoin formed a strong bottoming rebound, with the bulls advancing like a breaking wave. Currently, the highest has reached 72,517, showing signs of slowing down. Ethereum dipped to 2,156 in the evening and then started to rebound, with the highest rebound reaching 2,230. The bullish outlook given in the evening has now been fully validated. Also, the current price orders in the live room during the evening were all accurately executed. Regarding the layout, Bitcoin was bought at 70,650, and at 72,300, an exit was suggested, capturing 1,650 points. The 2,164 long order was placed, and at 2,220, an exit was suggested, capturing 56 points.
On the 4-hour chart, after three small consecutive bearish candles, the bulls saw a bottoming rebound. Using the retracement space and the momentum provided, the bulls again moved strongly upward. Although some room was given, they still did not strongly break through the previous high. In a market without a breakout, there are still signs of resistance and bearish selling sentiment. This will increase expectations for the bears to continue pulling back for a correction. Until the high is broken, we will maintain a high-level short-selling strategy, adjusting only if a breakout occurs during the session.
From Friday early morning, Bitcoin at 72,500-72,800 can be directly shorted, with targets first at 71,500, then 70,500, and 69,500.
Ethereum at 2,230-2,250 can be directly shorted, with targets at 2,160 and 2,130. $BTC $ETH #美伊停火协议谈判再生变故