In the afternoon analysis of Bitcoin's hourly K-line, the current price shows a clear downward trend, with bullish support failing. After multiple unsuccessful attempts to push higher, the strength of the bulls has weakened, and bears are intensively positioning. A large bearish candle has broken through the moving average. At the same time, the MACD death cross has widened, and the RSI has fallen below 50, significantly enhancing the bearish sentiment.
In terms of operations, it is recommended to adopt a high short strategy. One can short lightly when the price rebounds to key resistance levels such as the MA30 moving average or the upper Bollinger Band, with stop-loss set above recent highs, targeting lower support and round numbers. Specific operations are as follows:
Bitcoin: Short at 94500-95000, target at 92000
Ethereum: Short at 1800-1830, target at 1750
