$BTC $ETH Trading Philosophy: Look at the trend in the long term, find entry points in the short term;
Technical Analysis: For Bitcoin, the daily level closed with a bullish candlestick near 111700, the Bollinger Bands continue to open downward, the MACD moving average continues to move downward, the bearish volume continues to increase, and the KDJ continues to move downward. At the 4-hour level, the Bollinger Bands began to close downward, the MACD moving average started to flatten and move upward, the bullish volume began to increase, and the KDJ line started to flatten and move upward;
For Ethereum, the daily level closed with a bullish candlestick near 4598, the Bollinger Bands continue to close, the MACD moving average continues to move downward, the bearish volume continues to increase, and the KDJ line continues to move downward. At the 4-hour level, the Bollinger Bands began to close downward, the MACD moving average started to flatten, the bearish volume continues to decrease, and the KDJ line started to move upward;
Currently, the market is rebounding after a deep correction, and it is recommended to continue shorting at high positions!
Trading Suggestion: Short at high positions!
Short Bitcoin at 111000-111500, target 109000-108000, stop loss at 112500;
Short Ethereum at 4600-4640, target 4500-4400, stop loss at 4700;