The direction of a tree is determined by the wind, while a person's direction is decided by themselves. In the early morning, the price rebounded to the high point of 95426, facing resistance, and pulled back to the low point of 93678. The market is once again in a wide fluctuation, and the box structure has not yet been broken. In the evening, after Fei Ge provided a bearish outlook, he also entered a short position when the big coin rose to 95337, and exited when it dropped to 94014. Kong Dan has once again secured over a thousand points, and the current structure is very clear, with upper pressure at 960 and lower support at 930. There has been no strong unilateral trend in the market, and trading remains in a state of fluctuating adjustment.

Currently, on the daily chart, a small upward candle is consolidating, with the price moving horizontally, weakening the bullish trend. There is still a demand for a short-term pullback. Today is also the close of the monthly chart, with a medium upward candle closing at a high position. The market has repeatedly failed to sustain its movements, and the lower shadow is relatively long. On the 4-hour chart, the structure has entered a narrow range of fluctuation, and the bulls have repeatedly attempted to break above, but all have failed to generate momentum. The price has been consistently consolidating around the midpoint, with the Bollinger Bands closing in. On the hourly chart, a V-shaped structure is apparent, accompanied by continuous alternation of highs and lows, and the price has not provided a strong continuation. Therefore, short-term trading within the day is still based on the range, with a follow-up if it breaks out.

In the morning, the big coin can be shorted in the range of 950-955, targeting around 930, while Ethereum can be shorted in the range of 1820-1850, targeting around 1700. #比特币 $BTC