Monday's thoughts:
In the last four hours, the Bollinger Bands are getting narrower and narrower, and the upper and middle lines are going down. If it rises to around 109,500, it will encounter resistance. The MACD indicator shows that the strength of the short side is weakening, and the strength of the long side is beginning to increase. The KDJ indicator almost formed a dead cross downwards before, and now it suddenly turns upward. Last Friday, the US stock market was closed, and the price fell a little and then rebounded, which is also normal. Considering that the tariff policy may change in the future, let's wait for the rebound to find an opportunity to short.
Operational suggestions:
Pie: Short around 109,500, target 108,000-10,7000, and continue to look down if it falls below
Ether: Short around 2590, target 25,000-24,000$BTC $ETH
In the last four hours, the Bollinger Bands are getting narrower and narrower, and the upper and middle lines are going down. If it rises to around 109,500, it will encounter resistance. The MACD indicator shows that the strength of the short side is weakening, and the strength of the long side is beginning to increase. The KDJ indicator almost formed a dead cross downwards before, and now it suddenly turns upward. Last Friday, the US stock market was closed, and the price fell a little and then rebounded, which is also normal. Considering that the tariff policy may change in the future, let's wait for the rebound to find an opportunity to short.
Operational suggestions:
Pie: Short around 109,500, target 108,000-10,7000, and continue to look down if it falls below
Ether: Short around 2590, target 25,000-24,000$BTC $ETH
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