The evening market has finished again, with Bitcoin rebounding to around 950 and facing pressure to fall back. Fei Ge provided a bearish strategy in the evening, entering short when Bitcoin rose to 95070 and exiting when it fell to 93060, earning a profit of 2010 points. This is how the market operates; the strategies are publicly shared in advance. As for the friends, are there any who are working with Fei Ge's strategy?
Based on the current market situation, the daily chart has formed another doji candlestick, indicating that the upward price trend remains weak. On the 4-hour chart, there is an alternating pattern of bullish and bearish movements, with a strong unilateral structure still prominent, indicating that the market is still in a range-bound oscillation. The Bollinger Bands are once again showing a flattened state, yielding retracements followed by immediate rebounds, but the range structure remains unbroken. On the hourly chart, although there was some retracement space, it did not lead to a significant continuation, and it rebounded again to around 940 for consolidation. Therefore, in the evening, we will continue to maintain a primarily bearish outlook; if the range is not broken, we will continue to operate back and forth between long and short positions.
Bitcoin can be shorted at 94300-94800 in the early morning, targeting around 92500, and Ethereum can be shorted at 1790-1820, targeting around 1700.