$BTC Life is like the alternation of day and night; after darkness comes light. The beginning of an upward trend always extends from a relatively low point. Endure through the hardships, and light will eventually arrive.

Yesterday, the market strongly closed bullish in the early morning, reaching 115600 before facing resistance. After rising, the Bitcoin price slightly retraced and attempted a second round of highs but remained at the 115000 mark. In the afternoon, the Bitcoin price continued to close bearish, hitting a low of 112582 in the evening. Although we didn't capture the bearish retracement, the long position from our layout successfully gained 43 points in space, while Bitcoin captured 1256 points in space. After hitting the bottom in the early morning, the market rebounded, and by morning, it had warmed up to above the 114000 mark. Currently, the Bitcoin price is running around 113600.

In the past four hours, the momentum of the price rising in consecutive bullish candles has slightly slowed down. A large bearish candle at noon directly ended the previous upward rhythm, but the magnitude of this round of retracement is limited. After the price retraced to the middle track, it encountered support and rebounded. The current four-hour K-line is about to close, and the small bullish candle pattern shows that the bullish momentum has significantly weakened, but the lower shadow line also indicates that there is certain support strength below. In terms of indicators, the MACD energy bars continue to shrink, and the divergence between the fast and slow lines has eased, but the overall market is still dominated by bears. Therefore, the short-term bearish view remains unchanged, and it is recommended to focus on short positions during rebounds.

Bitcoin: Short around 114500 Target 112000

Ethereum: Short 3630-3600 Target 3500#币安Alpha上新 #美国加征关税 #美股代币化