Continuous shorting for 6 days this week, complete victory! The chat room provides beneficial trades every day, just follow along to profit!
Monday, the 28th, short at 119500
Tuesday, the 29th, short at 118200 and 119200
Wednesday, the 30th, short at 118500
Thursday, the 31st, short at 118800
On August 1st, Friday, short Bitcoin at 115900, short Ethereum at 3650
On August 2nd, Saturday, short Bitcoin at 114000, short Ethereum at 3530
Bitcoin's monthly and weekly charts show a need for a pullback. Although the daily chart has already experienced a significant pullback and shows a demand for a rebound, the bearish trend has not weakened, so the operation should still focus on shorts. Short on rebounds and do not chase the rise too aggressively.
The daily Bollinger Bands show both the lower and middle bands opening downwards, with the price currently not rebounding above the upper or lower bands. MACD bears are continuously increasing, and KDJ and RSI are both oscillating downwards. On the 4-hour level, a pullback to 118850 stops the decline and rebounds; MACD bears are decreasing in volume, KDJ has a golden cross upwards, and RSI is turning upwards, indicating a demand for rebounds. The main strategy today is to focus on shorts, without being too aggressive in shorting; for short-term experts, going long briefly is also an option!
For Bitcoin, the upper resistance to focus on today is at 113500, 114500, and 115500. Consider entering shorts around these levels, with lower targets focusing on 112500-111500-110500.
Ethereum is facing resistance above at 3430, 3470, and 3510. Consider participating in shorts around these levels, with lower targets focusing on 3380-3330-3280.