Tuesday Analysis:
The four-hour bearish structure is clear, and a short-term consecutive bullish rebound is unlikely to shake the downward channel; the Bollinger Bands are opening and continuing to decline, with the middle band pressure remaining unchanged!
Recently, long upper shadows have frequently appeared in the candlesticks, with buying momentum diminishing with each candle, and the price turning back down before reaching the middle band. The overall trend remains bearish, and the intraday strategy still focuses on short positions!
Operational Suggestions:
Bitcoin: Short near 117000-117500, target around 114000-114500!
Ethereum: Short at 4350-4370, target around 4200!
The four-hour bearish structure is clear, and a short-term consecutive bullish rebound is unlikely to shake the downward channel; the Bollinger Bands are opening and continuing to decline, with the middle band pressure remaining unchanged!
Recently, long upper shadows have frequently appeared in the candlesticks, with buying momentum diminishing with each candle, and the price turning back down before reaching the middle band. The overall trend remains bearish, and the intraday strategy still focuses on short positions!
Operational Suggestions:
Bitcoin: Short near 117000-117500, target around 114000-114500!
Ethereum: Short at 4350-4370, target around 4200!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
114,750
-1.12%
ETH
4,728.87
+2.30%
