The contract market sees different perspectives, but it always rewards growth. Here, the most expensive tuition is the money earned through luck, and the most valuable gain is recognizing one's own limits. When you no longer view profits and losses as endpoints, but rather as a process of self-discovery, Bitcoin contracts truly reveal their value to you — they are merely a venue for your dialogue with yourself. In the evening, Bitcoin stabilized at the 95,000 mark, and with the positive news released in the evening, the price ratio experienced a strong bullish surge, successfully breaking through the 96,300 mark, with the price ratio firmly establishing itself at a previous high. This bullish rally was indeed unexpected, considering the price ratio had already increased by over 4,000 points; currently, the price ratio has retraced to around 97,000.
From an hourly perspective, looking at Bitcoin's price, it touched the upper Bollinger Band before pulling back, returning near the middle band, indicating significant pressure at the upper band, making it difficult for bulls to sustain at high levels. The KDJ indicator's three lines are in the overbought zone and are turning downward, showing excessive consumption of bullish strength, with bearish strength accumulating. Although the MACD indicator is currently positive, the histogram line is shortening, indicating a decrease in bullish momentum. Overall, various indicators suggest weakening bullish strength and strengthening bearish strength, and in the short term, Bitcoin's price is facing retracement pressure with potential downside.
Bitcoin strategy: Short near 97,300-97,500, target 96,000.
Ethereum strategy: Short near 1,870-1,890, target 1,800.
