The short positions arranged during the morning at the high oscillation have started to pull back as expected, reaching a low around 107000, directly capturing over 500 points in the major market, which indicates that the morning's strategy was completely correct. The recent market has indeed been quite conventional, and such conventional markets are very good to trade, which is why I tell everyone that good market conditions must be seized in a timely manner to maximize profits.
From the daily chart perspective, Bitcoin is also very clear; the real body has been moving back and forth along the same line, with shadows both above and below, and it has been consistently under pressure from the moving average. The hourly chart is also showing continuous contraction under an oscillating structure, and once it contracts to a certain extent, it will choose a direction again. Considering that we are currently at the high point of the oscillating range, the signs of pressure are also very evident, so we can look for a pullback at the high point during the afternoon.
Bitcoin: 107500-108000 range layout for short positions, target focus on 106000.
Ethereum: 2490-2520 range layout for short positions, target focus on 2400#币安Alpha上新 $BTC