Friday Afternoon Jingyi's Operational Analysis
This morning, Bitcoin experienced a downward fluctuation, dominated by bears. In the early session, Bitcoin opened high around 115000, tested resistance at 115500, and then fell back, continuing its adjustment. Multiple rebounds were insufficient due to a lack of buying pressure, facing resistance at 115000. Before noon, bears intensified, breaking below the support at 114200, hitting a low of 113800 (a recent low), and then stabilizing and rebounding to fluctuate between 114000 and 114500.
On the hourly chart, the bearish trend continues, with a slight rebound after touching 114200, but it fell back without breaking 115000. From a technical perspective: the Bollinger Bands are opening downwards, running in the middle-lower track, with the middle track at 116000 being a strong resistance; the MACD is below the zero line, the green bars are shortening but still present, indicating that bearish momentum is not exhausted. The long lower shadow small green candle in the last hour shows temporary support at 114200, but subsequent strength is lacking, and the bulls' counterattack is weak. In the short term, still favoring short positions.
Trading Advice:
BTC Short in the range of 116000-115600, target around 114500
ETH Short in the range of 3660-3690, target around 3610-3580 $BTC $ETH #美国加征关税
This morning, Bitcoin experienced a downward fluctuation, dominated by bears. In the early session, Bitcoin opened high around 115000, tested resistance at 115500, and then fell back, continuing its adjustment. Multiple rebounds were insufficient due to a lack of buying pressure, facing resistance at 115000. Before noon, bears intensified, breaking below the support at 114200, hitting a low of 113800 (a recent low), and then stabilizing and rebounding to fluctuate between 114000 and 114500.
On the hourly chart, the bearish trend continues, with a slight rebound after touching 114200, but it fell back without breaking 115000. From a technical perspective: the Bollinger Bands are opening downwards, running in the middle-lower track, with the middle track at 116000 being a strong resistance; the MACD is below the zero line, the green bars are shortening but still present, indicating that bearish momentum is not exhausted. The long lower shadow small green candle in the last hour shows temporary support at 114200, but subsequent strength is lacking, and the bulls' counterattack is weak. In the short term, still favoring short positions.
Trading Advice:
BTC Short in the range of 116000-115600, target around 114500
ETH Short in the range of 3660-3690, target around 3610-3580 $BTC $ETH #美国加征关税
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BTC
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