Good morning, friends! A new day has begun, and new opportunities are coming. Is everyone ready? Looking back at the midnight market, the overall trend has shown a one-sided downward movement, with the support levels consistently being breached, and the previously set defense lines also failing to hold. In live trading, a long position was opened for Ethereum around 4160, but unfortunately, it was stopped out. However, "What doesn't kill us makes us stronger." Failure itself is not terrifying; what is scary is ignoring the problems behind the failure. I have promptly reviewed and reflected on this. The issue this time lies in the overly aggressive strategy and the hasty timing of the entry.

The current market shows a continuing downward trend, with strong bearish momentum, and the market sentiment remains heavily and steadily bearish. From a four-hour perspective, after a brief doji star pattern appears at the top, the bearish forces have again intensified, gradually forming a four consecutive downward candle trend. Analyzing with the MACD indicator, the fast and slow lines are diverging downward simultaneously and are about to form a death cross, indicating that there is still some room for a pullback and recovery in the subsequent market. On the hourly level, the market has been in a five consecutive downward candle trend, with the K-line continuously testing the validity of the lower support, and the market's center of gravity is shifting downward, with short-term bearish momentum further strengthening. Based on this, the morning trading strategy should primarily follow the trend, prioritizing short positions to align with the current pullback trend and test the depth of the decline below.

Tuesday morning trading suggestions: Short near 114500 for Bitcoin, target 113000. Tuesday morning trading suggestions: Short near 4150 for Ethereum, target 4050. #内容挖矿升级 $BTC