When others are still hesitating, real players have already laid their plans; when panic spreads, the wise are quietly accumulating. Remember: the market is born in despair, grows in hesitation, and ends in frenzy.
From the current market perspective, the four-hour level shows that after breaking through the upper Bollinger Band, the market is under pressure and has retreated, with prices gradually approaching the middle line of the Bollinger Band. The overall pattern of rising and then falling has already emerged. Although yesterday's gains have not all been given back, all indicators are running downward. Currently, the bearish momentum is gradually diverging, and the downward trend is also spreading. From the one-hour level, after experiencing five consecutive bearish candles, the market has stopped at the lower Bollinger Band. Currently, the price has rebounded, and the KDJ indicator's three lines have turned upward after entering the oversold zone, but the MACD indicator's two lines have formed a death cross pattern and are still extending downward without any reversal actions. Therefore, for midnight trading, we will adopt a strategy of shorting after a rebound. $BTC
Bitcoin can be shorted around 115500, with a target of 113500.
Ethereum can be shorted around 4780-4800, with a target of 4650.