Hello everyone, this is Jinlan on trends. Looking back at last night, the bearish forces of Bitcoin quickly gained strength, leading to a significant price drop. It shows that short-term bears dominate, and there is further downside risk for the price. Ethereum's price is below three moving averages, and the short-term moving averages are diverging downwards, indicating strong short-term bearish forces, with the market in a downward trend. During the decline, trading volume remained at a high level, showing that market panic selling is quite evident, and bearish forces are fully released, but it may also mean that the momentum for further significant declines is weakening.
Short Bitcoin around 111000, target 108000
Short Ethereum around 4400, target 4260
Every trade is an opportunity for learning and growth. Just like sailing in the ocean, we need to continuously adjust our course, remain calm and patient, and adhere to our trading plans and principles. Trust your judgment, accumulate experience, and eventually, you will find your own path to success in this market full of opportunities and challenges. #美联储降息预期 #ETH #BTC
Short Bitcoin around 111000, target 108000
Short Ethereum around 4400, target 4260
Every trade is an opportunity for learning and growth. Just like sailing in the ocean, we need to continuously adjust our course, remain calm and patient, and adhere to our trading plans and principles. Trust your judgment, accumulate experience, and eventually, you will find your own path to success in this market full of opportunities and challenges. #美联储降息预期 #ETH #BTC
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SOL
213.35
+4.54%
