The price comparison in the early morning is still operating within a range. We continue to maintain the Silk Road, going short at high positions, and once again capturing nearly a thousand points of space, while Ethereum also captured 40 points. This demonstrates our control over the market. For this kind of market, what we can do is to grasp it well and continue to maintain the mindset of operating within the range. We will wait for the price comparison to break through before continuing to follow.
According to the current market situation, after experiencing three consecutive candles rising in the four-hour level, it faced significant pressure at the upper Bollinger Band. Bullish momentum has shown signs of weakness and cannot support the price to continue breaking upwards. Currently, the price is showing a retracement trend. This indicates that this round of rebound may have come to an end. One-hour level: After the market peaked, it has entered a retracement phase, with KDJ and RSI indicators showing signs of turning downward. At the same time, the key psychological level above has yet to be effectively broken through. Overall, the trend is gradually returning to bearish control. Therefore, in the morning operations, it is recommended to maintain a high short mindset and pay attention to the further retracement of the coin price within the range.
Bitcoin can be shorted around 115500, looking at 113500.
Ethereum can be shorted around 3700, looking at 3580#ETH巨鲸增持 #BTC #ETH .