Technical Analysis and Trading Strategies for Bitcoin and Ethereum in the Short Term

1. Bitcoin (BTC)

• Technical signals: The 4-hour chart shows consecutive bearish candles, the Bollinger Bands are opening downwards, and the price continues to be under pressure at the 5-day moving average, indicating a clear bearish trend.

• Trading suggestion: In the morning, consider placing short positions in the range of $110,500 to $111,000, with a target of $108,000.

2. Ethereum (ETH)

• Technical signals: The 4-hour chart recorded a large bearish candle, directly breaking through key support levels, with strong bearish momentum being released.

• Trading suggestion: In the morning, consider placing short positions in the range of $4,400 to $4,450, with a target of $4,300.#比特币远古巨鲸持续出清 $BNB