Good afternoon, the morning market fluctuations were not significant, and it is currently in a short-term corrective phase in the market, rebounding from the lower range to the upper range, with the upper peak facing pressure down to the lower range, resulting in a choppy tug-of-war situation. Overall, the market is still moving as we expected. We need to adapt promptly and lead our students to successfully capture nearly a thousand points of movement. The market is really this easy to grasp; did everyone catch this wave of the market?
From the current analysis of the charts, the four-hour level trend shows that after experiencing a two consecutive bullish rebound, there has been a slight pullback. The current price is consolidating below the middle band of the Bollinger Bands. The market rhythm is relatively slow, with both bulls and bears lacking significant continuity, and the volatility base is small. The market has entered an adjustment phase; the hourly level trend shows that the price is running near the middle band of the Bollinger Bands, the KDJ indicator's three lines are continuously diverging downwards, and the MACD indicator's fast and slow lines are still running below the zero axis, with bearish signals not yet completely dissipated. Combining the characteristics of the two-level cycle trends, the afternoon trading strategy can continue to maintain a bearish outlook, focusing on short-selling opportunities after consolidation, and we need to be wary of trend continuity after breaking the range.
In the evening, Bitcoin can be shorted at 94800-95300, targeting around 92500; Ethereum can be shorted at 1810-1840, targeting around 1710. #比特币 $BTC