Yesterday, the market was impacted by large-scale sell-offs, with BTC plunging 4000 points during the day, and ETH also falling nearly 500 points. Both have broken below the lower support, and the rebound momentum continues to weaken, requiring a shift in operational strategy to focus on short positions.

From the 4-hour technical chart, the Bollinger Bands are in a downward opening pattern, with the middle and lower bands synchronously turning downward; the KDJ indicator maintains a dead cross downward trend, and the MACD bearish energy bars continue to expand, with lower space officially opened. BTC breaking below the support level of 111200 is likely just a matter of time, and operationally, a firm short strategy is needed.

Operational suggestions: short BTC at 112500, 113000, target 111000, 110000, stop loss at 113500.

For ETH, short at 4180, 4200, target temporarily at 4100, and if broken, look at 4000, stop loss at 4230. #Strategy增持比特币