7.7BTC/ETH Market Analysis:

Bitcoin is suggested to short at 108500 and 109500, and Ethereum at 2550 and 2590. I am not clear about everyone's specific situation and positions, whether you are holding on to the above positions or not, you haven't been trapped much, nor have you made much profit. There's not much more to say, let's directly start today's market sharing.

Bitcoin has two consecutive weekly green candles, with a small bullish candle with a lower shadow. The MACD is continuously decreasing in bullish momentum, and the KDJ lines are converging. The daily candle has a middle bullish candle with equal-length shadows. The MACD shows a decrease in bullish momentum, but the KDJ lines are about to converge and form a golden cross upwards. On the 4-hour level, the Bollinger Bands are continuously narrowing. After testing the upper band resistance, the price has pulled back, and both the upper and middle bands are opening downwards. The market is leaning towards consolidation, and indicators show conflicts, so flexibility is required in operations. Both high shorts and low longs have opportunities; just avoid chasing highs and killing lows.

Bitcoin should not be bought near 110,000, which is still Zhong Liang's unchanged view. If you have shorted at 108500 or 109500, just hold on. For those without short positions, pay attention to the upper resistance at 109700 and 110500, and enter high shorts around here. The target looks down at 108000, 107000, and 105000.

For Ethereum, if you shorted at 2550 and 2590, hold patiently. If you don’t have short positions, pay attention to the resistance at 2600 and 2650, and enter high shorts here. The target looks down at 2550, 2500, and 2450.

If your short positions are profitable, you can reduce your holdings, and if there’s a rebound, then add shorts at higher resistance. This way, the price will be higher, and the position won’t be too large. For those whose short positions are not well-placed and are trapped, if there’s a rebound to a higher resistance area, make the necessary adjustments. If you start with a heavy position and face forced liquidation, then you can only reduce your holdings. Every day’s view is clear, and the thinking is clear, but this is for reference only. How to operate specifically still depends on everyone themselves. #马斯克计划成立美国党