$BTC Bitcoin and Ethereum have been quite thrilling these past few days! Ever since we crawled up from the pits of 83000 and 1550 a while back, this rebound has been quite strong. Those of us who suggested waiting for a pullback to go long should have made some profit, right? Now the market seems stuck again, every time it spikes it gets knocked back down, clearly being heavily suppressed. Especially this morning, after a long period of sideways movement, it suddenly plummeted. The four-hour chart and daily chart both look like they want to explore downwards again, with a focus on the lifelines at 89000 and 1650.
Looking at the price chart, it’s clear that those recent high-level big bearish candles are no joke; it’s obvious there are large players unloading. The daily chart has recorded several long upper shadow candles, looking like the Teletubbies poking above, indicating that every time the price rises, there are people desperately selling. The MACD indicator on the four-hour chart is below the zero line, and the fast and slow lines have already crossed downwards, clearly indicating further downward pressure in the short term.
Remember tonight's operations! If Bitcoin pops back up to the range of 92300-92800, short it with your eyes closed! First, see if it can break below 90300. For Ethereum, the range of 1745-1760 is a no-brainer; short it once it rebounds to this level, with the first target at 1680. If it drops significantly, who knows, we might be able to snag a few more points.
The market is always changing; focus on real-time data. This is just my personal opinion, for reference only.
The market never lacks opportunities for success; what it lacks is someone to help you seize the opportunity. Follow Yong Ge's lead, making ten thousand USDT is not a dream! Keep up the speed!
Intraday focus: OM SUI SOL FUN BTC
