Friday Morning Strategy for Bitcoin on 7.4
In the first hour of trading, the market is showing high-level consolidation. The Bollinger Bands are in a downward opening pattern, with the middle band continuing to decline. The MACD momentum bars are decreasing, and the bearish trend remains unchanged. It is recommended to adopt a short-selling strategy on rallies today.
Bitcoin range 1099-1101, target 1084
Ethereum range 2610-2630, target 2490