Yesterday evening, I provided a short-selling strategy to everyone, suggesting to enter short positions around 106500. However, the rebound was too weak, and after reaching a high of 5900, it began to pull back. The short positions we arranged only captured a small space of 600 points. In the evening, we also analyzed the impact of the news regarding the Iran-Israel war, initially expecting a significant fluctuation. However, the outcome was disappointing. Now we have once again reached the weekend. This week's market can be described as turbulent. Some people succeeded while others faced difficulties. This is the consistent state of the cryptocurrency market, and no one can change it. However, keeping pace with the Wewei team can maximize your chances of turning losses into profits and standing back at the peak!
Currently, the Bitcoin trend exhibits typical weekend fluctuation characteristics, with prices oscillating in a narrow range around 105600. This price level is at a critical technical node, facing strong resistance at 106000 above and support in the range of 104000-105000 below. Bitcoin has tested the 106000 mark several times in the past two days but has failed to form an effective breakout. Currently, there are signs of certain rebound momentum in the market, especially as the MA7 and MA30 moving averages are close to forming a golden cross, and the MACD green bars are beginning to shorten and slow down, indicating that the downward momentum may weaken. However, the strength of the rebound still needs to consider trading volume and the breakthrough of subsequent key levels. From an hourly perspective, it has also returned to a high position in the trend, so we will continue to arrange for high shorts in the morning.
Bitcoin short at 106200-106500, focus on 104500. Ethereum short at 2590, focus on 2500#币安HODLer空投RESOLV #加密市场回调 #以色列伊朗冲突 .