According to the current market conditions, the four-hour level shows a consecutive four bearish candles, the KDJ indicator's three lines are closely aligned, the current dead cross pattern remains intact with no reversal signals observed, the MAZD indicator shows that the fast and slow lines are operating below the zero axis, and the histogram displays a decrease in volume followed by an increase in downward movement, indicating an increase in bearish momentum. The RSI indicator's three lines are in a weak zone and have not been able to break through the 50 midline, simultaneously forming a downward trend, with buying power continuing to weaken. From the one-hour level, the market is fluctuating around the middle band of the Bollinger Bands, but the overall structure still remains in a downward channel, with the high points following bullish rebounds continuously moving lower. The overall trend at this level also shows that the bears are dominant. Therefore, for midnight operations, we will continue to maintain a strategy of shorting after rebounds. At the same time, we should pay attention to the announcement of the midnight Federal Reserve interest rate decision and be prepared for any changes in the market at any time. #BTC☀
Bitcoin can be shorted around 104500, targeting 102500.
Ethereum can be shorted around 2530-2550, targeting 2400.