Jin Yifan: Short-term operation ideas and market outlook for Bitcoin and Ethereum

In the past two days, the trend has been more frequent between long and short. The general direction of short-term bullishness remains unchanged, but the periodic top-bottom structure has been changing. As far as the current market is concerned, the moving average indicators are currently messy and divergent. I am afraid that there will be no unilateral trend in the short term, and it can be seen as a periodic wide shock structure. There will definitely be a surge ahead. Now that the big framework has been determined at this stage, we will make a new layout at the low level of this shock range.

If the subsequent market price reaches 34,000-35,000, we will actively place long orders and wait for the price to continue to rise. We can clearly see from the 4-hour chart that the market's small positive continued to rise to the 38,000 line and fell back under pressure. In late trading, it gave up all the day's rising space and recovered the low Hangzhou line. The five consecutive positives carried the five consecutive negative downwards.

The current 4-hour chart is slightly divided between long and short. Is it a consolidation in the upward trend and a steady recovery? Or is it a B-wave rebound of a callback wave? There are also two common moves in the long-short transition. The first one is to rely on the steady rebound of 36,000 to promote a further upward wave pattern, and then accumulate to break through the 38,000 high in the future!

Operation suggestions:

Bitcoin: Relying on short-term long positions near 36100, the target is 36600

Ethereum: Go long near 1930, target 1975#ETH #etf #BTC $BTC $ETH $SOL