#我在Gate广场过新年

Market Summary for Today--Volatility Nearing the End, Direction to Be Chosen Soon

Bitcoin remains strong and volatile today, reaching a high of 68,280 points. Ethereum experienced a small rally tonight, closing at $1,987. Currently, on the daily chart, Bitcoin is forming a converging triangle pattern, consolidating in a range with resistance at 68,300 and support at 65,500. The amplitude of the fluctuations is gradually decreasing, indicating that a breakout may be imminent.

On the news front: The biggest uncertainty is the rumor that the U.S. will conduct a preliminary strike on Iran over the weekend. Additionally, Trump's signing of a new tariff policy (with limited bearish impact) is also noteworthy. If a U.S.-Iran conflict occurs, it could trigger a market decline; otherwise, the market is expected to remain volatile over the weekend.

Possible strategy suggestions:

Enter a small short position at the current price, with a stop loss at 68,300 (advantage: small stop loss). If the price breaks above 68,300, close the short and go long, with a take profit at 65,500.

Go long near 65,500, with a stop loss at 65,400. If the price falls below 65,400, close the long and open a short position.