The midday market action has completed again, showing a fluctuating adjustment trend. Overall market volatility is low, and the price ratio has formed a fluctuating recovery structure. In the afternoon, it entered a sideways adjustment with fluctuations of less than a thousand points. The profit potential for both long and short positions is limited, but the cumulative effect is quite obvious. If you're confused and cannot find an entry direction, unsure whether to go long or short, it might be better to connect with me early for real-time guidance, grasping the changes in market trends. Perhaps this choice will change your current situation.
From the current market perspective, it is in a typical correction phase. The upper high level is under long-term pressure, and the rebound is blocked, with bulls being suppressed; the lower support is strong, having broken multiple times without forming a continued trend, leaving bears with little opportunity. The price ratio has been fluctuating around 94,000, forming a range for bulls and bears to contest; from the four-hour chart, a medium bearish candle has formed with a longer lower shadow, and the price ratio is hovering near the lower Bollinger band, which is opening. It cannot form a strong unilateral movement; the low point of the range is rebounding to the high point, while the upper high point is again pressured down to the low point of the range, creating a seesaw fluctuation trend. As long as the entry points are well managed during the day, both long and short positions have very good potential. We can flexibly respond; for evening operations, we can first look for a rebound before entering short positions.
The big coin can short at 94,300-94,800, targeting around 92,500. Ethereum can short at 1,810-1,840, targeting around 1,710. #比特币 $BTC