In the monthly close, BTC and Ether both closed with bearish K lines, indicating a certain short position trend signal. On the daily chart, BTC only dipped to the 106000 level, proving that the support here is still quite strong. The trading range is currently maintained, with support at 108500-106500. After several days of adjustment, a rebound has occurred, and the short-term resistance at the 110500 level is still effective. If broken, we look at the 112500-113000 level. If it continues to rise, it will reach the top of the trading range at 115000. The same goes for Ether on the daily chart; after dipping to the bottom support of the trading range at the 3750 level, it started to rebound and is currently adjusting around 3900. The short-term resistance is at 3880-3900. If broken, we look at the resistance level of 3980-4000, and if it continues to rise, it will reach the top position of the trading range at 4270.

Looking at the 4-hour level, BTC has just touched the bottom and rebounded to the middle resistance level around 111500, with upper resistance at 113500-116000 and lower support at 108000-106000. Ether on the 4-hour chart has actually broken down from the trading range, but the subsequent rebound is also forming a Long Wick Candle in a larger timeframe. Currently, it has rebounded to the middle resistance level around 3950, with upper resistance at 4080-4250 and lower support at 3800-3750-3680.

This week, we have continuously positioned BTC and Ether based on the trading range structure, from the bottom long to the top, and from the top short to the bottom, achieving 11 consecutive victories with substantial overall gains, which can be verified in previous texts! Although the current market has not broken the trading range, I personally lean towards a possible downward trend, so it is recommended to continue short positions in subsequent operations!

Aggressive short-term trading strategy:

Short BTC at 111000-111500, target 110000-108500, stop loss above 112500;

Short Ether at 3900-3930, target 3830-3750, stop loss above 3990;

Strategies are time-sensitive, primarily guided by real-time private instruction!
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