6.27 Friday Evening Analysis
The intraday market is still fluctuating without breaking through key positions, and we have seized two opportunities for both long and short positions today.
The four-hour analysis shows that Bitcoin is presenting a step-like downward trend, with candlestick patterns alternating between small bearish and small bullish arrangements, overall remaining in a slow downward channel. As the fluctuations continue, the market is gradually moving downwards, approaching the middle track of the Bollinger Bands. This evening, we continue with a high short strategy, and do not counter the trend.
Short Bitcoin near 107500-108000, targeting around 106500. If broken, further target 105000.
Short Ether near 2450-2480, targeting around 2400, and if broken, further target 2300.
