Crypto Morning Report ☕: Bears in Control! BTC, ETH Afternoon Short Strategy
From a technical perspective, the 4-hour chart shows a significant downward plunge, the Bollinger Bands are opening, and the MACD death cross continues, with bears in the dominant position; the 1-hour chart, although KDJ is in oversold territory and rebounding, still remains weak overall.
The afternoon strategy suggests focusing on short positions:
✅ BTC short around 104500, target 102000
✅ ETH short around 2550, target 2450
If anyone is confused due to market fluctuations and doesn’t know how to handle being stuck in a position, or feels misled during their trading process, feel free to reach out for discussion!