Today's Baipan market basically moved in the morning, maintaining a small fluctuation correction during the noon and afternoon; I will share with everyone the morning trends; after a slight dip in the morning price ratio, we closely followed up with analytical ideas, continuing to expect the continuation of the bear market. The big pie first rebounded to around 94750, and the price ratio faced pressure again, moving lower, coupled with a slight needle, dipping to a low of 93445. Our big pie short position also achieved a profit of 1031 points as expected; the analytical ideas were accurate, making it easy to hit the oil and rock, and the market isn't as difficult as imagined. Following Lao Li's thoughts, let's grasp the current market rhythm well.
The daily chart of the big pie has begun to move in a fluctuating correction, with a narrow range of fluctuations and not much volatility, short-term detours and repetitions, with limited space. Currently, the daily chart is forming a doji candlestick consolidation pattern, and Ethereum is exhibiting the same pattern, both showing small doji. We will continue to focus on the evening market trends; currently, the big pie is consolidating around 94000, and Ethereum is consolidating around 1800. Is this consolidation building momentum downwards or will it rebound again? From the 4-hour and 1-hour charts, we can see that the current trend is still downward, only moving slowly in the short term, coupled with a certain rebound in the price ratio, temporarily easing the downward momentum. Our evening strategy remains bearish; a rebound gives us a signal to short. Combining this with the previously established range fluctuation, once the price ratio dips to near the low point, we will go long. For operations, everything should be based on actual conditions.
In the evening, the big pie can short at 94300-94800, targeting around 92000; Ethereum can short at 1800-1830, targeting around 1720. #加密市场回调 $BTC