Last Week Review: Two Short-Term Trades Yield 6.93%
Special analyst Conaldo reviewed last week's Bitcoin market using a quantitative trading model. He successfully executed two short-term trades, achieving a cumulative return of 6.93%. The model identified key levels during the rebound, providing opportunities to buy low and sell high while avoiding chasing the rally. Conaldo emphasized that although the short-term bounce appears strong, the market has not yet formed a valid breakout, and bullish momentum remains questionable.
This Week Outlook: Range-Bound with Risk of Second Leg Down
Conaldo predicts that Bitcoin will likely maintain a range-bound pattern this week. He urged investors not to be misled by the recent bounce, warning that a second dip could occur at any time. Based on signals from the quantitative model, he has formulated a strategy: reduce positions near the upper boundary of the range and lightly re-enter near the lower boundary, strictly controlling leverage and risk.