The morning intraday strategy has reached its target perfectly, and now we change our approach.
The upper resistance is at 114000. If we rebound here and face pressure, we will continue to move down to test the support at 112000 to 110000. A short position can be considered here first, with a stop loss that doesn't need to be too large. If this level is broken, then we will consider participating in short positions at 116000 and 117000.
Ethereum has pulled back after reaching a high of 4246, experiencing a downward fluctuation. Currently, it is supported by the middle band of the daily Bollinger Bands, and whether it can effectively break down requires time to verify. However, once the 4000 level is broken, the space below opens up, with 3850 and 3500 as lower supports. The current price is around 4200, and the short position strategy remains unchanged.
The lower targets are 4100, 4050, and 3850. #杰克逊霍尔会议 #加密市场回调 #Strategy增持比特币 $BTC $ETH