5, 26 (Night Market Analysis Strategy for Bitcoin and Ethereum) From the four-hour K-line technical pattern, the MACD indicator shows a clear bearish signal: green bars continue to expand, and the DIFF line and DEA line consistently operate below the zero axis, highlighting a strong bearish dominance. In this pattern, any rebound could become an excellent shorting opportunity.
In terms of price trends, Bitcoin has effectively broken below the middle band of the Bollinger Bands and is currently constrained by the resistance level at 107800. It is crucial to pay attention to the key support level at 106200. If this defense line is breached, it is expected that the market will enter an accelerated downward channel, and bearish momentum may be further released.
Bitcoin: Short at 108000-108500, target around 105000! $BTC
Ethereum: Short at 2530-2550 range, target around 2450, 2380 $ETH