Monday, Bitcoin and Ethereum Market Analysis

Yesterday, Bitcoin faced selling pressure and retreated, failing to break the highs. The bulls lacked the strength to sustain volume, and the market experienced short-term fluctuations, closing lower and giving back the gains made last Friday. In the short term, if a strong one-sided move does not materialize, it will result in a choppy market, which is currently in the consolidation phase. The short-selling strategy from yesterday was also executed precisely, pocketing several thousand points and yielding substantial profits.

Back to the market, from a 4-hour perspective, Bitcoin is operating below the lower Bollinger Band. Currently, there is still room for further declines, with the bears continuing to increase their positions, showing no significant signs of exhaustion. It is advisable to focus on a high short strategy!

Monday Morning Suggestions

Bitcoin: Short around 78000-78800, targeting near 76000

Ethereum: Short around 1580-1560, targeting near 1530

As the ancient saying goes: "Knowing when to stop leads to stability; stability leads to tranquility; tranquility leads to peace; peace leads to contemplation; contemplation leads to success." #加密市场回调 #美国加征关税 #巨鲸动向 #冲币新时代 #币安投票上币 $BTC $ETH