Bitcoin 1-hour K-line trajectory, the coin value is like a butterfly breaking out of its cocoon, gracefully rising from the lower edge of the Bollinger Band to the upper edge, gently touching the pressure barrier of the upper band. At this moment, the focus is on whether the coin value can break through this heavy pressure; although the bullish trend is evident, future movements may tend to stabilize. Looking at the 4-hour K-line chart, the coin value has already jumped above the middle track of the Bollinger Band, and the resistance point above is vaguely appearing around the 98500 point area. For those eager to act, a short-term long strategy may be adopted first. The overall operational strategy should be to short high and long low, with an emphasis on bearish layout!
Bitcoin can be shorted at 97000-97300, targeting around 95000.
Ethereum can be shorted at 2710-2730, targeting near 2600.
