Liang Qiu: 11.7 Bitcoin/Ethereum intraday strategy of shorting first and then going long successfully captured the trend and swings in the early morning.

Bitcoin/Ethereum has fluctuated throughout the day, breaking through lows in the evening, reaching as low as 101500 and around 3275 so far, with some further downward potential in the early morning. Our strategy today was to short first and then go long, entering short positions around 3460 in the morning and going long around 3350 in the evening. The long positions also made several attempts to break through the 3400 level, resulting in decent overall gains, as mentioned in previous posts. Currently, the overall trend is weak, with support levels to watch at 100500 and 3230 on the 4-hour chart. On the daily chart, the price has fallen from its highs, forming consecutive bearish candles, indicating a clear downtrend. On the 4-hour chart, the price has been consolidating after the sharp drop, currently trading within a narrow range and failing to break through key resistance or support levels. Technically, the 4-hour MACD histogram has turned positive but remains below the zero line, indicating weakening bearish momentum but not a complete reversal. The daily MACD continues to diverge downwards, indicating that bears are in control. However, the market has already retraced somewhat, so there's no need to chase the short position. Wait for the overnight pullback to enter a long position. Overnight trading strategy: Bitcoin: Buy at 99800-100400, target around 102600; Ethereum: Buy at 3240-3260, target around 3360. [The above analysis and strategies are for reference only. Please bear your own risks. Article review and publication are not timely; please refer to real-time information.]