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Today's Market Commentary:
1. Bitcoin continues to fluctuate within the high range of 107,700 to 109,700 USD. Opportunities and risks at the small cycle level have been alternating. A breakout above 112,000 USD is needed to continue looking for new highs, while a drop below 106,000 USD is necessary to anticipate a significant decline. Therefore, Bitcoin can only be traded by selling high and buying low within this range.
2. Ethereum continues to fluctuate between the range of $2520 and $2620, with opportunities outweighing risks. A breakout above $2660 would indicate further significant gains, while a drop below $2410 would suggest a potential major decline. Therefore, Ethereum is also being traded through high selling and low buying within this range.
Today's trading strategy:
① Buy Bitcoin spot at $108,400 to $107,700, set a stop loss at $107,000, or prepare to add positions at $106,500, stop loss if it drops below $106,000, take profit on a rebound back at $108,800 to $109,200.
Long the Bitcoin contract at 108,400 USD, stop loss at 107,000 USD,
109200 US dollars take profit.
② Buy Ethereum spot at $2580, stop loss at $2460. Alternatively, be prepared to average down at $2520 with a stop loss at $2410.
Long ETH contract at 2580 USD, stop loss at 2510 USD, break through 2620 USD, take profit above 2660 USD!
Intraday order, invalid after expiration, waiting for the next order!
(Note: The above analysis does not constitute investment advice. The market is constantly changing, and strategies need to be dynamically adjusted based on real-time data.)