Good morning everyone! The price has rebounded in the evening, and now Bitcoin is around 114200, while Ethereum is running around 4330. The highest point of the rebound in the early morning reached around 4376. The short position we set up in the early morning was also very comfortable, cashing out around 4270. We secured a space of 83 points. Subsequently, the price rebounded, but what does it matter? We have already successfully cashed out.
Currently, from the four-hour level, the price has also reached the middle track of the Bollinger Bands, and there is still some pressure, as it has not successfully broken through above. The upper track pressure of the downward channel has continued to shift since the previous high point and has not changed its slope due to this rebound, indicating that the major adjustment trend has not been broken. In the morning's operations, we can still continue to follow the high-frequency layout.
Bitcoin can be shorted around 114600 with a target of 113000.
Ethereum can be shorted between 4360-4380 with a target of 4250#杰克逊霍尔会议 #BTC #ETH .