In the trading market, one must avoid blind stubbornness; whether going long or short, the key is to flexibly adjust strategies. This is precisely why we insist on real-time attention to market dynamics. By anticipating trends and keeping pace with the market pulse, we can advance steadily. Today's short strategy has achieved consecutive victories again, with a wave of pullback in the afternoon allowing us to gain an additional 600 points in profit on Bitcoin. Although the amount is not large, it adds up over time and is far better than being trapped by the market.
Observing Bitcoin's daily chart, its trend has once again turned into a bearish candle, and it currently presents a balanced doji pattern, with equal upper and lower shadows, indicating that the struggle between bulls and bears has entered an intense stage. From the hourly chart, as the lows gradually decline, a descending channel has quietly formed, and every time the price rebounds to a relatively high level, it encounters a pullback. Therefore, we continue to maintain a bearish stance and act in accordance with the trend.
The trading suggestions are as follows:
- Bitcoin: Short in the range of 94500-95000, target at 92500
- Ethereum: Short in the range of 1820-1830, target at 1750
