July 4th Early Morning Analysis Strategy

The current price of Bitcoin is located between the middle and lower bands of the Bollinger Bands, and is close to the lower band. Theoretically, there is a possibility of a low-level rebound. If the lower band flattens or rises, there may be short-term stabilization and upward momentum. However, although the MACD shows red bars indicating bullish sentiment, the DIF line continues to be suppressed below the DEA line, indicating that bears still have the upper hand in the short term. Midnight operations are advised to primarily focus on short positions.

Suggestions:

Bitcoin: Consider shorting around 110000, adding positions if it rebounds to 112000, targeting around 107000-105000.

Ethereum: Consider directly shorting around 2590, targeting around 2510. $BTC $ETH