83219092583437548033945.7 Morning Thought Analysis
The market rose sharply in the morning, mainly driven by the bulls, but don't be impulsive and chase the highs just because it keeps rising; you need to stay calm. It still hasn't broken through the previous high of 97800. From the daily chart, the market has been rising slightly in succession, and the middle band of the Bollinger Bands acts like a pillar, providing support. Looking at the four-hour chart, the Bollinger Bands channel is getting narrower, and in the short term, it may oscillate back and forth within a range. We still focus on a bearish stance, keeping good stop-losses and avoiding counter-trend trading.
Morning Trading Ideas
- Short near 97500-9800 for Bitcoin, aiming for around 95500. If it breaks, look further down to 93000.
- Short near 1840-1870 for Ether, aiming for around 1800. If it breaks, look further down to 1750.
Remember! The more volatile the market, the harsher the opportunities! I am Buddha, supported by a top-tier team, serving only those with vision and ambition!
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