Thursday afternoon thoughts $BTC

Trading in the cryptocurrency market, where heartbeats and wealth soar together! The market changes rapidly, and every decision is a test of courage; every rise and fall is an opportunity for wealth.

Based on the current market situation, the four-hour level shows that the market continues to alternate between bullish and bearish trends. The Bollinger Bands are still opening downwards, and the K-line entities are closely following the lower Bollinger Band. Although bulls occasionally bounce back, they are strongly stopped by bearish forces. Overall, the market has been hovering at low levels, with no obvious signs of recovery. The bearish trend remains dominant at low levels. From the one-hour level, after rebounding and approaching the upper Bollinger Band, the market faces pressure and falls back again. The KDJ and RSI indicators have turned downwards again, and with the Bollinger Bands constantly narrowing downwards, the overall trend has entered a weak state. Therefore, in the afternoon operations, we maintain a bearish outlook. #鲍威尔发言

Bitcoin can be shorted near 111500, targeting 109500.

Ethereum can be shorted near 4030-4050, targeting 3900.