Powell's rare public confrontation with the懂王, yesterday's Ethereum long position yielded gains again! 1.20 Bitcoin Auntie's Strategy

Powell has decided to attend the Supreme Court hearing, a legal battle surrounding whether懂王 can "fire" Cook, which is seen as a life-and-death battle concerning the independence of the central bank. This attendance marks a shift from last year's "moderate" response, where懂王 repeatedly attacked the central bank, to an open confrontation. The US stock market was closed yesterday, and the crypto prices showed little fluctuation, but the rebound and short-selling strategy aligns with the price trend, and Ethereum can gain dozens of points!

The daily chart shows the price has broken below the Bollinger middle band support, with the Bollinger bands tightening significantly. The bulls have been exhausted, with the KDJ indicator showing a dead cross at high levels and diverging downward, and the MACD also shows an initial dead cross, indicating bearish momentum. Therefore, the intraday operation remains the same as yesterday's rebound short-selling strategy!

1.20 Short-selling strategy:

Bitcoin rebound to 93500-94000, short at 93500-94000, conservative entry at 94500-95000, stop-loss near 96000, target around 93000-92500-92000. If broken, move stop-loss accordingly to protect profits.

Ethereum rebound to 3230-3270, short at 3230-3270, conservative entry at 3300-3340, stop-loss near 3380, target around 3200-3170-3150. If broken, move stop-loss accordingly to protect profits.

1.20 Long-position strategy:

Bitcoin retracement to 90000-90500, attempt to add a long position, stop-loss near 89000, target around 91500-92000, if broken, target 92500-93000.

Ethereum retracement to 3060-3100, attempt to add a long position, stop-loss near 3020, target around 3150-3170-3200, if broken, target 3220-3250.

Even with a blindfold, there's a 50% chance of being right. If you've been consistently wrong, it's better to exit the market early! When playing with leverage, avoid heavy positions and holding through losses. If you hold onto luck, you'll eventually be eliminated by the market. Always learn to respect the market; if you can't do well, it's better to stop and reflect to improve. #加密市场回调