Tuesday Afternoon Jingyi's Analysis of Silk and Dew
From the hourly chart, the Bollinger Bands show a state of deep downward divergence, with a strong bearish trend rebounding and continuously driving the market downward. The upper, middle, and lower bands of the Bollinger Bands are all significantly tilting downwards, with the distance between the three bands clearly widening, leading to increased price volatility and a clear downward direction.
This deep downward divergence pattern indicates that the bearish forces are completely dominant, with strong selling pressure in the market, and sufficient momentum for the continued downward trend. The afternoon layout suggests operating in line with the trend, still focusing on the 116000 level.
Operation Suggestions
BTC Short in the 118000-119000 range, target around 116000
