Don't be afraid of failure, because the crypto world is never short of miracles. Every person who stands up from the dust possesses the power to rewrite their destiny. Every bit of your persistence is building strength for that glorious moment that will eventually arrive. After the Bitcoin market rebounded from a low of 96283 in the afternoon on Friday, it has currently reached a high of 97072. Ethereum has also gradually risen from a low of 1812 in the afternoon, with the market currently peaking at 1834.
According to the current market conditions, the four-hour level shows that after experiencing a wave of pullback, the market is once again approaching the upper Bollinger Band, with prices in a high-level consolidation. The KDJ indicator's three lines have converged and entered the overbought zone. Therefore, in the future, if prices do not break through yesterday's high, we can expect another pullback. From the one-hour level, the market has rebounded above the middle Bollinger Band, but prices have not reached yesterday's high, indicating strong resistance above. Although the MACD fast and slow lines are running above the zero axis, the indicator values are in the negative range, indicating that bullish momentum is gradually dissipating. Thus, for the evening operations, we will first focus on the strength of the rebound and proceed with a high short strategy. The release of non-farm payroll data in the evening will also have a certain impact on the overall market, so we need to be prepared for on-the-spot responses.
You can short Bitcoin around 97400, targeting 95500.
You can short Ethereum around 1850, targeting 1780.