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Weekend Saturday and Sunday short-term long and short positions both profitable
==|Hot News|==
1: [Russian Ruble Stablecoin A7A5 Supply Surges by $90 Billion, Growth Surpasses USDT and USDC]
2: [US Cryptocurrency Market Structure Bill Negotiations Hit a Snag: DeFi Regulation and Stablecoin Yield Disputes Are Main Divisions]
How to view Bitcoin and Ethereum today? This Thursday’s correction is actually a very standard daily-level pullback. Bitcoin touched a low of 89,200. Ethereum’s low was 3,050. Both are at key four-hour support levels, which we repeatedly highlighted in previous articles. If following Tommy’s trading plan, most people are not panicking but are already eating profits. Based on the market reaction to Thursday’s initial jobless claims data and last night’s non-farm payrolls, short-term data hasn’t caused much impact. Yesterday afternoon’s move already cleared short-term market sentiment, and the structure hasn’t broken down. So today, during the weekend, remember that the main strategy is to buy on dips. Keep your defenses in place below.
BTC: Bitcoin surged near 91,500 last night but faced resistance again. In our previous article, we repeatedly emphasized that the key resistance for the bulls to break is to volume-stably hold above 91,500. Support is around 90,400. As long as it doesn’t break below, it’s a good entry point for long positions. Currently, Bitcoin and Ethereum are both in a consolidation range near the neckline, with no clear volume breakout. The strategy is to wait for the right entry points: buy on dips that hold support, and short on breakouts that lack volume.
ETH: Ethereum’s overall market sentiment is weaker than Bitcoin’s. Yesterday, we provided the upper resistance at 3,150 and support at 3,050. This range is where we trade short-term longs and shorts. Today’s approach is simple: short at resistance, long at support. Follow Bitcoin’s rhythm—wait for dips and breakouts to re-enter, rather than entering randomly in the middle, which can lead to being stuck in limbo.
To summarize today’s intraday strategy: Saturday and weekend markets are unlikely to see large fluctuations. Focus on short-term range trading. Narrow sideways movement, take profits quickly, don’t be greedy. Avoid being washed out by sideways chop; wait for a new trend to emerge so you won’t panic. The safest approach today is to buy on dips at support and sell on rebounds at resistance—this is the most stable rhythm.
In this recent bull market, I repeatedly emphasized that I believe the underlying logic of the crypto market has changed. The factors influencing market trends are now more complex than before, and this complexity is something investors haven’t experienced in previous bull and bear markets. I am Tommy, a trader and practitioner in the crypto space, here to help you with real-time entry points and personalized strategies. Click on my profile to join the community. We have professional trading instructors available around the clock to help you stay calm and avoid going it alone.
Timing of entry points is time-sensitive; posts may have delays, so always refer to real-time market data. Lastly, remember the two key points I mentioned in my previous article for this week: short-term focus on testing positions; once outside our target range, it’s the last chance to buy big before the end of the year. I am K-line Life Tommy, your real-time crypto butler.
Mainly for spot, futures, BTC/ETH/ETC.
Expertise: K-line Trading
Original volume trading strategy.
Short-term swing trading at high and low levels, medium to long-term trend orders, daily extreme retracements, weekly top forecasts, monthly top forecasts.