Thursday Evening Big Coin and Second Coin Strategy:
The Big Coin's 8-hour level downtrend channel remains intact, oscillating down along the lower and middle tracks of the channel, with a long-term bearish trend as the main direction. The 100000-101000 range serves as short-term support, representing a technical pullback within the bearish trend.
The daily level moving average system shows a bearish arrangement, with prices continuously operating below the 5-day and 10-day moving averages. The MACD double lines have a death cross diverging downwards, and the green momentum bars maintain an expanding trend, indicating no reduction in bearish momentum.
The current rebound phase shows a continuous shrinkage in volume, indicating that the rebound is a behavior of bearish short covering, not a trend reversal signal.
Evening Operation Direction
Big Coin rebounds to the 103800-104500 range, targeting 100500 dollars with a downside target of 98000.
Second Coin rebounds to the 3550-3580 range, targeting 3450 with a downside target of 3320.
