$ETH When every K-line fluctuates, is everyone scratching their hearts, staring at the market to the point of distraction, hesitating whether to increase positions, reduce positions, or just lie flat, exhausting themselves to the extreme.
Looking back at the morning, the market continued its downward trend, peaking at 116300 before retreating, and dipping to a low of 114200 before rebounding; the current coin price is stabilizing around 115900. Ethereum is synchronized with Bitcoin's trend, having fallen from a high of 3740 to a low of 3614 before rebounding, and is currently stabilizing at 3720. The morning market was once again presented through Da Bao's strategy, entering Bitcoin and Ethereum at 116133 and 3700 respectively, and exiting at 114462 for a profit of 1671 points on Bitcoin; exiting Ethereum at 3620 for a profit of 80 points. The cryptocurrency market is like this, repeatedly 'torturing' mentalities with short-term fluctuations, forcing you into a crazy cycle of greed - fear - hesitation. Did everyone keep up with the morning strategy?
From the one-hour level analysis, there has been a continuous series of bearish candles, forming a clear downward trend. Recently, a bullish candle has appeared, but overall, the bearish arrangement is still quite evident, and there have not been any clear reversal signals. Currently, the price is below the middle track, indicating that bearish forces dominate in the short term; from the four-hour level, the overall trend is downward and diverging, indicating that short-term bearish sentiment is strong. Our afternoon strategy can still revolve around short positions.
Bitcoin: Short near 116000, target 114500
Ethereum: Short near 3720, target 3650
