How precise is it? You tell me! Bitcoin surged and then retraced; this afternoon, we clearly indicated that a retracement to around 86500 could be a good opportunity to position long. The strategy has been provided to you; whether you can profit from it depends on your own actions. Regardless of whether it is the long position arrangements we provided at noon or in the evening, we have managed to capture over a thousand points of space. The clear rhythm of the market gives us more confidence in our arrangements. This kind of tug-of-war market tests human emotions, betting on your chasing highs and selling lows mentality. It is essential to view the market rationally, pinpoint the right positions, and understand the structure—this is what should be done right now!
From the market structure perspective, the four-hour level has once again returned to the intraday fluctuation range. After a rapid surge in the evening, it quickly fell back to the starting point, forming a typical bull-bear sweep pattern. Currently, the bears temporarily dominate, but the retracement has not broken through the key support at 86000. There is still a possibility of a technical rebound in the short term. The MACD indicator is below the zero axis; although it has formed a golden cross, the green momentum bars continue to shrink, indicating that bear strength remains relatively strong. The one-hour Bollinger Bands are opening downwards, further expanding the lower space; the bears are continuing to increase, and prices are showing a continuous downward trend. However, the key support has not been effectively broken; in the short term, there is also a need for technical correction rebound. The midnight operation can regard the area around 86000 as a short-term bullish-bearish dividing line. If this position is lost, a bearish mindset can be adopted; in the early morning period, it is recommended to focus on positioning long.
Bitcoin: Long positions in the 85500-86000 range; target around 88000
Ethereum: Long positions in the 27070-2800 range; target around 2950
