Sunday Morning Jingyi's Operational Analysis
The most valuable thing in the cryptocurrency world is not Bitcoin, but the ability to think independently. Making the wrong move can trap you in regret, while seizing opportunities can lead to easy gains; making a mistake can even mean missing a bull market, whereas seizing opportunities at least ensures steady progress.
The early morning market aligns with our analysis: Bitcoin dropped from a high of 113420 to a low of 112003, followed by a volatile decline; the Ether trend is similar, with a high of 3481 and a current low of 3368, dropping over 100 points. According to our strategy, a small position could double in an afternoon.
Currently, the market shows a clear downward trend for Bitcoin, and the bearish rhythm during the weekend recovery period has not been hindered, and it is still increasing in volume. The four-hour chart presents a step-like decline, with bullish counterattacks weakening. The daily line is set for six consecutive bearish candles, with sufficient bearish momentum, and critical moving averages have turned from support to resistance. Future operations should continue to follow the trend and maintain a bearish stance.
Operational Suggestions
BTC: Short at 113000-113500, target 112000-115000
