Good morning, yesterday evening, Bitcoin first experienced a strong pullback, with this drop having nearly 2000 points of space. It then reached a low of around 93400, forming a support at the bottom and quickly rebounding. Currently, the price is at 94800, and yesterday's prediction was also quite good, accurately capturing every wave; following along meant profiting from the market.
Bitcoin has been slowly oscillating upwards this morning, with a maximum rise to around 95415, before falling back under pressure to around 94500, showing a corrective oscillation pattern. From the current market view, both the four-hour and hourly technical indicators are in an upward trend, but the signs of stagnation after the rebound are quite evident, with two consecutive bullish candles followed by a small bearish candle, indicating a longer upper shadow, which suggests heavier pressure from above and a weakening of bullish forces. The Bollinger Bands are contracting, with the price fluctuating between the middle and upper bands, showing a corrective oscillation pattern. Currently, without an effective breakthrough above the key resistance level of 95769, the main strategy remains to short on rebounds.
In the afternoon, Bitcoin can be shorted in the range of 95000-95500, targeting around 93000; Ethereum can be shorted in the range of 1800-1830, targeting around 1750. #比特币 $BTC